China Sets Date For Its Newest Tariff Counter-attack
China will slap 25% tariff rate on $16 billion worth of its U.S. imports, starting August 23 – in an apparent tit-for-tat against the U.S.
The announcement from the Chinese Ministry of Commerce comes close on the heels of the U.S. Trade Representative’s decision to impose 25% levies on $16 billion of Chinese goods also commencing on August 23.
And the ‘war’ might be far from over. The U.S. is also weighing its options to raise tariff rate to 25% from 10% on an additional $200 billion of Chinese imports. Should the U.S. go forward with the tariff hike, China is ready with a list of $60 billion worth of American goods to impose further levies on.
Related Ticker: CNYUSD
Market Cap
The average market capitalization across the group is 0. The market cap for tickers in the group ranges from 0 to 0. CNYUSD holds the highest valuation in this group at 0. The lowest valued company is CNYUSD at 0.
High and low price notable news
The average weekly price growth across all stocks in the group was -1%. For the same group, the average monthly price growth was -2%, and the average quarterly price growth was 1%. CNYUSD experienced the highest price growth at -1%, while CNYUSD experienced the biggest fall at -1%.
Volume
The average weekly volume growth across all stocks in the group was 0%. For the same stocks of the group, the average monthly volume growth was 0% and the average quarterly volume growth was 0%
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Seasonality Score: (-100 ... +100)
