Nomura: Beijing’s cautious tariff response is pragmatic amid limited import alternatives | Forexlive
I saw this from Nomura on Friday and am a wee bit slow to post it. here it is now. – With U.S.–China trade tensions expected to escalate following the Trump administration’s latest “America First” policy review, China’s measured response to new U.S. tariffs appears to be a calculated move, according to Nomura. In a…