Looking at the Performance of Asset Price in Trade Friction from Historical Experience
Following the decision on March 8th to implement 25% and 10% of the ad valorem import tariffs on steel and aluminum products exported to the United States, based on the findings of the U.S. Trade Representative’s report on the “Special 301 Report” on 22 March, Trump The president signed a memorandum to plan to impose a 25% tariff on China’s annual import of 500-60 billion U.S. dollars. The apparent increase in trade friction has caused a significant impact on investor sentiment and risk appetite, and there has been widespread sell-off in global markets.