Stocks, Yuan Suddenly Drop On Reports “Fierce Internal Opposition” To Tariff Rollbacks

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Stocks, Yuan Suddenly Drop On Reports “Fierce Internal Opposition” To Tariff Rollbacks

US equity markets suddenly stumbled lower as Reuters reports that ‘sources’ say The White House plan to rollback China tariffs “faces fierce internal opposition,” and that no final decisions have been made.

The market kneejerk’d lower – but not much…

Stocks, Yuan Suddenly Drop On Reports "Fierce Internal Opposition" To Tariff Rollbacks

Yuan also dropped…

Stocks, Yuan Suddenly Drop On Reports "Fierce Internal Opposition" To Tariff Rollbacks

Source: Bloomberg

We can’t help but wonder if this is a Navarro leak?

 


Tyler Durden

Thu, 11/07/2019 – 14:48

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