U.S. Treasury Secretary Yellen Says U.S. To End Trump-Era China Tariffs
Portfolio Pulse from Happy Mohamed
U.S. Treasury Secretary Janet Yellen announced that the U.S. will end the Trump-era tariffs on China. This could potentially boost trade between the two countries.
July 06, 2023 | 2:45 pm
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POSITIVE IMPACT
The end of tariffs could boost Chinese companies, potentially positively impacting the iShares China Large-Cap ETF (FXI).
The end of tariffs could lead to an increase in trade between the U.S. and China, which could boost the performance of Chinese companies. This could potentially lead to an increase in the value of the iShares China Large-Cap ETF (FXI), which tracks the performance of large Chinese companies.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The end of tariffs could boost U.S. companies that trade with China, potentially positively impacting the SPDR S&P 500 ETF (SPY).
The end of tariffs could lead to an increase in trade between the U.S. and China, which could boost the performance of U.S. companies that trade with China. This could potentially lead to an increase in the value of the SPDR S&P 500 ETF (SPY), which tracks the performance of large U.S. companies.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80