Shesa's MAY 2019 INVESTMENT BLOG
MAY 2019 - INVESTMENT BLOG By Shesa Nayak U.S. Stock Market Update The U.S and China trade deal negotiations took a U-turn when Trump administration raised tariffs on $200 billion worth of Chinese goods from 10% to 25% on May 10, 2019. In retaliation of this Beijing imposed tariffs on $60 billions of American exports. It was stated that both countries were at the door step to reach an agreement and sign the deal . A couple of days ago, China’s Commerce Ministry spokesperson stated that negotiations would not continue until the U.S. “adjusts its wrong actions”, probably referring to Trump’s executive order on Huawei ban. The US – China trade negotiations is looking very dicey and I am not very optimistic that it will be achievable in foreseeable future. Possibly, it may get much wors...