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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
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