• There are no winners in tariffs war
• The use of tariffs serves no one
• China firmly opposes tariffs being used as a tool to coerce others

For now, Trump’s fury is mostly directed at other countries but let’s not forget that it was solely on China for over two months not too long ago. As we get into the new week, the focus turns back to trade headlines again now. In case you missed the headlines from earlier:

• Trump says US tariff letters, and/or deals, will be delivered starting 12:00 pm July 7
• Trump says could send out 12 or 15 letter on tariffs on Monday
• US’ Bessent warns of tariff hike if no trade deals reached by August 1

This article was written by Justin Low at www.forexlive.com.