China Tariffs; Censored Caixin Story On Busi…

China goes on vacation Thursday and Friday for the Qingming Festival, so the news may be a bit light over the rest of the week. Three items stand out for me. The Chinese announced tariffs on certain US imports, in a follow through of their threats from two weeks ago. It looks like the communications between Liu He and Lighthizer/Mnuchin are not making making much progress.

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