Trump’s tariff threat to top trading partners roils markets
Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada.
China makes a lot of stuff, which buoyed the commodity supercycle.
The scale of it all is neatly shown in this infographic by the International Business Times. China produces just under half of the world’s coal and shipbuilding capacity.
After a marked slowdown, is China going to start bingeing on commodities again?
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