🔥LATEST🔥
💥China ELIMINATES 125% tariff on US ethane imports
-Ethane is a gas used as fuel, in the manufacture of chemicals, or as a refrigerant.
💪TRADE AGREEMENTS are positive because they indicate greater future GROWTH.
🔥ATTENTION🔥
💥Interest rate cuts and economic stimulus are what both the European Central Bank and the People's Bank of China are doing.
Are these the steps the US is taking? Will this be what will lead us to new all-time highs?
First, let's understand what they are doing.
👉Both the ECB and the Bank of China are doing this to combat economic stagnation.
▪️Getting down to business, both China and Europe stated that due to the trade war, they would have to increase their economic stimulus.
▪️These stimuli focus on incentivizing consumers with interest rate cuts, which decreases credit and money.
▪️Furthermore, both China and Europe are experiencing a drop in inflation, allowing them to stimulate the economy without major concerns.
