It has been a wild ride this week.
But if you were vacationing for the past few days, you would probably assume you didn’t miss much because the markets are now where they started at the beginning of the week.
What’s the latest in U.S. China trade war?
A report from Bloomberg said the White House is holding off on a decision about licenses for U.S. companies to restart business with Huawei after Beijing said it was halting purchases of U.S. farming goods.
In order to supply goods to Huawei, American businesses need a special license.
Because U.S. added Chinese Huawei to a trade blacklist in May over national security concerns.
So all eyes will once again be on the yuan to see if China retaliates.
It’s going to be a bumpy ride…
Trump administration to ban Huawei from doing business with US government