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An intriguing and captivating week in the UK started with the resignation of two senior Cabinet Ministers and concluded with a visit by President Trump.
After decades of theft of American knowhow (according to President Trump), and months of tensions between the World’s two largest economies, US tariffs on $34billion of Chinese products came into effect on Friday 06 July at 5am London time.
The trade war saga took a turn this week as President Trump, somewhat surprisingly, took heed of advice warning against enacting IEEPA (The International Emergency Economic Powers Act) law to stop foreign investment in US companies.
The trade tensions between the US and the rest of the World were ratcheted up another notch this week.