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NOTHING IS PERMANENT EXCEPT CHANGE

https://vietnambiz.vn/reuters-trung-quoc-thay-doi-gan-het-cac-dieu-khoan-trong-thoa-thuan-thuong-mai-voi-my-20190508190251724.htm

https://www.reuters.com/article/us-usa-trade-china-backtracking-exclusiv/exclusive-china-backtracked-on-nearly-all-aspects-of-u-s-trade-deal-sources-idUSKCN1SE0WJ

The United States will raise tariffs from 10 percent to 25 percent on $200 billion worth of Chinese imports effective Friday, according to a notice posted to the Federal Register on Wednesday.

The U.S. Trade Representative’s office will establish a process to seek exclusions for certain products from additional tariffs, the Federal Register notice said.

https://www.bloomberg.com/news/articles/2019-05-08/each-word-of-trump-s-tariff-tweets-wiped-13-billion-off-stocks?srnd=premium-asia

OTHER NEWS

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President Donald Trump said he sees his threat to impose global auto tariffs as his biggest weapon to extract concessions from trading partners, shedding more light on his broader trade policy strategy.

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