- US rollback of China tariffs to have limited impact on inflation – Barclays
Notícias do Mercado
5 julho 2022
US rollback of China tariffs to have limited impact on inflation – Barclays
Analysts at Barclays Research express their view on the expected US move to roll back tariffs on Chinese goods and its impact on inflation and the yuan.
Key quotes
The effect on US inflation is “a drop in the bucket,” and would likely be immaterial for monetary policy deliberations.
A partial removal of tariffs may result in an even smaller drag on inflation, closer to a few-tenths.
For the Chinese currency, the potential improvement in US-China trade relations is also “not a yuan supercharger.”
If tariffs were removed on both sides, China’s current account surplus would gain by about $90 billion.
Related reads
- S&P 500 futures jump nearly 1% as US set to rollback China tariffs to fight inflation
- US Treasury: Yellen-Liu virtual meeting was part of efforts to maintain open lines of communication
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal