In two weeks, China will probably be hit with 25% tariffs on $200 billion worth of goods. The only thing Schumer and Trump see eye to eye on is China tariffs. Or this is going to create the bipartisan support needed to keep tariffs locked in on China long after Trump is gone. See: China Is Losing The Trade War In Nearly Every Way — ForbesWorth noting for China investors, higher tariffs do not mean that China necessarily suffers great losses. “If you get 25% tariffs, the Chinese economy will be under more pressure, but that’s a given,” says Jin Zhang, a portfolio manager at Vontobel Asset Management.

Source: Forbes February 17, 2019 22:30 UTC