IMF: Investor Confidence in China Hurt by Escalation of Trade Tensions

Investor confidence in China has declined due to the ongoing trade tensions between the United States and China, Director of IMF’s Monetary and Capital Markets Department, Tobias Adrian, said on Wednesday, October 10. Trade tensions driven by tit-for-tat tariffs by the duo were one of the key issues highlighted during IMF’s launching of the fall
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The mood among German investors deteriorated in March, a survey showed on Tuesday, reflecting growing uncertainty about the damage Europe’s largest economy could suffer if U.S. import tariffs escalated into a bitter trade conflict. U.S. President Donald Trump has announced import tariffs of 25 percent on steel and 10 percent on aluminium, which take effect
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