GettyIf you think tariffs will not be imposed on everything China exports to the United States, well ... think again. On Thursday, Nomura Securities gave 65% odds that 25% tariffs on an additional $300 billion worth of Chinese goods will go into place by the third quarter. Headline writers cannot decipher whether investors are bullish China trade or bearish. There was no earnings recession in the first quarter, roughly one full quarter into the $200 billion in tariffs imposed on China in September. How will China react to Trump’s new tariffs?

Source: Forbes May 23, 2019 17:04 UTC