Skip to main content

EcoCrops International China trade sanctions will they work for Trump?

Eco Crops international like any other global company is watching with bated breath to see how China will react to the latest round of trade sanctions placed on them by The President of The United States.

Anyone like EcoCrops International who has a vested interest in the financial markets whether personal or institutional knows this has the potential to have far-reaching consequences for many investors.

We all saw the “Trump Bump” rally the markets when the president first took office in a bid to make good on his campaign promise to “make America great again”.

This latest move to impose even further sanctions on Americas fiercest rival in the global markets do seem to be more “Donald has the hump” rather than a return to the “Trump bump” days of yesteryear.

President Donald Trump announced a new 10% tariff of $200bn on Chinese goods arriving in the US from next week. It will rise to 25% at the end of the year.

Trump was quoted yesterday, saying: “For months, we have urged China to change these unfair practices, and give fair and reciprocal treatment to American companies. We have been very clear about the type of changes that need to be made, and we have given China every opportunity to treat us more fairly. But, so far, China has been unwilling to change its practices.”

In his usual unapologetic stance, he added: “I urge China’s leaders to take swift action to end their country’s unfair trade practices. Hopefully, this trade situation will be resolved, in the end, by myself and President Xi of China, for whom I have great respect and affection.”

The latest sanctions mean America will now have tariffs on almost half of its imports from China (which totalled over $500bn last year). China only imports around $130bn from America last year so the response will have to be a calculated one.
According to Bloomberg, Chinese Vice Premier Liu advised he is planning to hold a meeting in Beijing on Tuesday morning to discuss the government’s response.

For investors looking for a safe, asset-backed, fixed income investment showing double-digit returns 

visit www.ecocropsinternational.com  or call us on 0034 932 201 207
Labels:

Comments

Post a Comment

Popular posts from this blog

Which Cannabis Stocks to Buy?

Here are a few suggestions 1) Canopy Growth Corp. Although Canopy Growth Corp. (NYSE:CGC) is possibly the most well-rounded of all Canadian marijuana growers, it's still projected to lose money in the fiscal year 2019 by Wall Street. The reason is that of its need to expand the company's infrastructure in international markets, as well as build up its existing brands and marketing strategy. Canopy Growth also needs to finish the expansion of its 5.6 million square feet of growing space in British Columbia, which is costing a pretty penny. The good news is that Canopy Growth has more than enough capital to complete its expansion in B.C. and internationally. On Aug. 15, Constellation Brands, the producer of the Modelo and Corona beer brands, announced that it'd be taking a $3.8 billion equity stake in Canopy Growth. With well over $4 billion in cash on its balance sheet, Canopy has more than enough capital to beef up its abroad presence. 2) Though you might have e...
1 comment
Read more

Eqtec signs MoU with Phoenix Biomass Energy worth about €10m

EcoCrops International reports that a Technology solution company Eqtec said on Monday it had signed a memorandum of understanding, with Phoenix Biomass Energy, a USA company located in California.  Phoenix Biomass Energy a power company, to supply the company's proprietary Eqtec Gasifier Technology for two power plants in California, USA. The two contacts to be signed are collectively are expected to be valued in the regions of €10m The Financial close is expected in the last fourth quarter of 2018 and the purchase contracts are expected to be signed and executed shortly after that Eqtec reported. Under the terms of the contact, Eqtec was the exclusive technology supplier of a 2MWe gasification plant and a 3MWe gasification plant to Phoenix for the 12 months from the date of the memorandum of understanding. 'We are delighted to be the exclusive supplier of technology to Phoenix Energy. The USA is a key country for waste to gasification technology and we are excited to ...
Post a Comment
Read more

Secure your online wallets & be careful with online services

You should be wary of any service designed to store your money online. Many exchanges and online wallets suffered from security breaches in the past and such services generally still do not provide enough insurance and security to be used to store money like a bank. Accordingly, you might want to use other types of Cyber currency wallets.  Otherwise, you should choose such services very carefully. Additionally, using two-factor authentication is recommended. Small amounts for everyday uses A Bitcoin wallet is like a wallet with cash. If you wouldn't keep a thousand dollars in your pocket, you might want to have the same consideration for your Bitcoin wallet. In general, it is a good practice to keep only small amounts of bitcoins on your computer, mobile, or server for everyday uses and to keep the remaining part of your funds in a safer environment. Backup your wallet Stored in a safe place, a backup of your wallet can protect you against computer failures and ma...
2 comments
Read more