Markets Rebound As Vance Plays Good Cop; Says 'Willing To Be Reasonable' With China
Who could have seen this coming?After President Trump (perhaps unexpectedly) caused a shitstorm in markets on Friday with his threats against China, it appears the scale of the carnage required 'good cop' VP Vance to calm the waters before futures open tonight.The FT reports that Beijing has slammed President Trump’s plan to impose additional 100 per cent tariffs on Chinese exports and threatened new countermeasures as it blamed the US for escalating tensions between the world’s two biggest economies.The co ...