The tit-for-tat trade spat between the US and China continued late Tuesday when the US revealed that it is starting a new investigation into whether steel wheels produced in China are illegally dumped in the US - an investigation that's being carried out at the behest of Accuride and Maxion Wheels, two US vehicle components suppliers, Reuters reported. In addition to the investigation, the Department of Commerce also revealed on Tuesday that producers of common alloy aluminum sheet imported from China enjoy anticompetitive state subsidies as high as 113.3%, based on findings from an investigation launched in November. The news comes a day after China's Ministry of Commerce announced that it would impose a massive 178.6% anti-dumping tariff on imported sorghum, a grain used to feed Chinese pigs and other livestock, per Yuan Talks. https://www.zerohedge.com/news/2018-04-18/us-launches-anti-dumping-probe-steel-wheels-china
You can see that the stock market is starting to ignore these trade war related news. A sign of bullish price action
China-America trade war is the headline of the business news world currently. All the investors are looking upon revewing their investments in chinese markets and dollar has lost some strength on the currency market as well. Now the next couple of weeks are really important for we traders. Whats gonna happened guys?