China Slaps 125% Tariff on US Imports; Treasury Sell Off Deepens
The dollar extends its slide lower as treasuries sell off amid further escalation in the US-China trade war. China says it will ignore further US trade war escalation after it raises its tariff on US imports to 125%. Mark Haefele of UBS sees the ongoing uncertainty putting a bid on gold. Cayla Seder of State Street points to software and healthcare as haven equities. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
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