Retaliation measures hitting the wires on 04.04.2018
-Plans 25% tariff on US soybeans, one of the major dispute products
-Also 25% on cars and chemicals
-The total value of Chinese tariffs would match the 50 bln USD the US imposes.
-Planning reciprocal tariffs on aircrafts.
-Planning tax on corn and cotton
-Also includes wheat, orange juice, some tobacco and plastic products
-Effective date tba
The USD and risk getting a slap .
USDJPY 106.20
EURUSD 1.2280
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