Foreign correspondent reported that following the introduction of a tax bill for China's 50 billion U.S. dollars in goods, the U.S. government intensified its efforts and threatened to draw up a US$200 billion taxation list. International media have criticized the U.S. unilateralist actions
Late on the night of May 29th, the White House of the United States abruptly broke the "war arm's length agreement" with its previous trade war with China and announced that it will continue to impose a 25% tariff on "important industrial and technical products" worth 50 billion U.S. dollars from China.
At present, China's Ministry of Foreign Affairs spokesperson Hua Chunying has responded by saying: "In international relations, every time you change your face and turn your back against Seoul, you are losing and squandering your country's credibility once again."
https://www.bloggerent.com/19/Strange--Trump-lost-his-faith-this-time--the-authoritative-American-media-perspective-is-almost-identical-to-China
As per the market Report and Economist's analysis describing the foreign Selling of Bursa Malaysia Stocks, which was generally determined by fears of an exchange war between the US and China, And eventually the investment in Malaysian Market became less.
The Fed raised interest rates again, which is also the last rate hike in 2018. As expected by the market, the Fed raised the federal benchmark interest rate by 25 basis points and raised interest rates to the 2.25%-2.50% range, which is the fourth rate hike in 2018 and the first since the current