How US Tariffs Weaponized China's Exports
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US tariffs and resulting export diversion are breeding a new generation of vassal states
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4 itemsState of US tariffs
The desk is focused on the implications of the impending expiration of the 10% global tariff in July, as detailed by HSBC’s Shanella Rajanayagam. Per the full note, the expiration could prompt shifts in US trade policy that may affect currency valuations and trading positions. The economic landscape surrounding tariffs is complex, as current US tariffs remain in flux and reintroducing tariffs could heighten import costs. The overall consensus sees a cautious but steady trajectory for the USD, impacted by these developments.