May 2018 - Bongiorno Financial Update

What's in this issue?

• President Trump’s actions on trade are mainly aimed at achieving better access for US exports to China and better treatment of US intellectual property by China. They are not primarily aimed at traditional US allies, reducing the risk of a global trade war.
• So far there is only a “phoney trade war” between the US and China as major tariffs are only “proposed”. Signs remain positive for a negotiated solution, but there is a way to go yet.

We hope you enjoy this issue.

Kind regards,
ANTOINETTE BONGIORNO
LL.B. B.Com. CFP DipFP A.S.A.

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