US-China: Biden Adopts Tough Stance
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The Background to the US-China Trade War
Recent tensions between the US and China began on President Trump’s campaign trail in 2016, when he set out his plan to tackle the trade deficit through tariffs and stricter enforcement on subsidies, dumping and intellectual property rights. This became a major plank of Trump’s foreign and economic policy, with the tit-for-tat retaliation on tariffs causing major implications for markets during his time in office.
On his inauguration, President Biden reaffirmed that the US would continue to take a similarly tough stance on Beijing, with increased focus on the technology sector and US chip stocks.
Keep up-to-date with all the latest on the ongoing US-China trade war by reading the latest analysis from our team of expert analysts.
| Market | Sell | Buy |
|---|---|---|
| Wall Street | ||
| US SP 500 | ||
| China A50 | ||
| Germany 40 | ||
| UK 100 | ||
| Hong Kong 50 |
Last Updated:
View Less VIEW MORELast Updated:
| Market name | Min. spread (around market spread) | Min. spread hours (UK) | Margin from* |
|---|---|---|---|
| Gold | 0.3 points | 23:00 - 22:15 | 5% |
| Silver | 2.0 points | 23:00 - 22:15 | 10% |
| Platinum | 0.83 points | 23:00 - 22:15 | 10% |
Latest Trade War Insights
- Asian Open: Volatility Erupts as US Inflation Hits a Multi-Decade High November 10, 2021 10:31 PM
- Hang Seng Enters Correction as Sentiment Sours October 28, 2021 12:33 AM
- Stagflation: definition, causes, and predictions October 20, 2021 9:00 AM
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