Sub-standard quality steel, aluminium and copper would have been fraudulently used
Another one which won’t go unnoticed in the current context of the Steel Wars. Trump’s adviser Navarro was hinting over the weekend that there may be some Corporate exemptions in
the imposition of steel tariffs, which could have meant a gentle nod to Japanese carmakers, who promised large investments in the US over the next 5 years. This lawsuit gives Trump
a (trump)card to keep the knot tight though if the lawsuit would be accepted to go through.
Nikkei has this on the subject
- $CNH living on hopium? Big week for the Yuan this. - January 13, 2020
- A mildly positive risk market on the open? - November 24, 2019
- A huge USD week. This time it’s different, isn’t it? - October 30, 2019