President Trump unleashed another round of tariffs hitting even American people. China has been answering quite softly – kind of wait and see approach for the US Congress (if Democrats wins the House, President Trump would be blocked).
But I would imagine that China patience is wearing thin – especially as Trump keep on saying….their market is a disaster, while ours is near the top.
Also statistically the US market loses before US Congress elections and then more than recover after the election.
So – time to be alert.