Trump has lost his credibility with markets, so take these with a grain of salt:
Trump, asked if he’ll play hardball with China: noChina, other countries have to make a dealIf they don’t make a deal, we’ll set the dealThis is a transition periodTariff on China will not be as high as 145%It’ll come down substantially but won’t be zero
This article was written by Eamonn Sheridan at www.forexlive.com.