UAE Investors Watch as China Imposes Tariffs on the US – What’s Next?
- Lark Davis has downplayed the potential impact of China’s retaliation against the US.
- China’s imports from the US are relatively insignificant.
- Investors are paying attention to the US-China trade war.
Renowned Bitcoin investor Lark Davis has downplayed the potential impact of China’s retaliatory move against the US by threatening to impose tariffs in a brewing trade war. In a recent post on X, the analyst noted that the volume of oil China imports from the US is insignificant, and a tariff on that will have no crucial effect on US trades.
US-China Trade Dynamics
According to Davis, the US ranked 10th among the countries supplying oil to China. The Chinese government imported 6% of its LNG from the US and claimed four million tons of US oil exports out of 87 million tons in 2024.
Most of China’s…
The post UAE Investors Watch as China Imposes Tariffs on the US – What’s Next? appeared first on Coin Edition.
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UAE Investors Watch as China Imposes Tariffs on the US – What’s Next?
- Lark Davis has downplayed the potential impact of China’s retaliation against the US.
- China’s imports from the US are relatively insignificant.
- Investors are paying attention to the US-China trade war.
Renowned Bitcoin investor Lark Davis has downplayed the potential impact of China’s retaliatory move against the US by threatening to impose tariffs in a brewing trade war. In a recent post on X, the analyst noted that the volume of oil China imports from the US is insignificant, and a tariff on that will have no crucial effect on US trades.
US-China Trade Dynamics
According to Davis, the US ranked 10th among the countries supplying oil to China. The Chinese government imported 6% of its LNG from the US and claimed four million tons of US oil exports out of 87 million tons in 2024.
Most of China’s…
The post UAE Investors Watch as China Imposes Tariffs on the US – What’s Next? appeared first on Coin Edition.
Read More
Anchorage Digital Joins Ripple in Pursuit of Fed Master Account: What It Means for Crypto Banking