Ok so good news just now from US as the tariffs will be delayed until December 15. Immediate massive reaction, shares and indices flying. Now waiting for the volatility to come down before adding more long trades on pullbacks.
Here are quotes from US Trade Representative (USTR) Lighthizer, according to Reuters:
"Some products are being removed from China tariff list based on health, safety, national security and other factors; will not face additional tariffs of 10%."
"It intends to conduct an exclusion process for products subject to the additional tariff."
"Other products for which tariffs are delayed are video game consoles, certain toys, computer monitors, and certain items of footwear and clothing."
"Will publish on its website today and in the federal register as soon as possible more details, lists of the tariff lines affected."
Good Luck!
Here are quotes from US Trade Representative (USTR) Lighthizer, according to Reuters:
"Some products are being removed from China tariff list based on health, safety, national security and other factors; will not face additional tariffs of 10%."
"It intends to conduct an exclusion process for products subject to the additional tariff."
"Other products for which tariffs are delayed are video game consoles, certain toys, computer monitors, and certain items of footwear and clothing."
"Will publish on its website today and in the federal register as soon as possible more details, lists of the tariff lines affected."
Good Luck!