Friday, July 6, 2018


Dear readers, today (6 Jul 2018) is when the world’s top two economies in US and China are due to exchange fires in the arena of trade by hitting $34 billion of each other’s exports with steep new tariffs. Many investors will be keeping a lookout on the developments of what could be the start of the US-China trade war and how they would impact the greater stocks markets.
To be more specific, if everything goes as what was planned:

a) the US will tax 818 chinese products worth a total of US$34 billion per year

b) and in retaliation, China would impose 25% tariff on US products worth the same US$34billion per year, including soybeans, seafood and crude oil

However, US stocks seem to shrug off the looming trade tariffs with the following showing of the US stocks overnight

1) Dow: +0.75%

2) Nasdaq: +1.12%

3) S&P 500: +0.86%

For investors, amidst the ongoing markets corrections in the Singapore Stocks markets, with the slated tax tariffs exchange, I would think there is even more reason for investors to stay on the sideline for now. And in the meantime, investors could consider deploying some monies in certain products in these times of high(er) interest rates to grow their monies while waiting for an opportune time to enter the Singapore stocks markets. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

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