FYI: For all the trade bluster between the U.S. and China, Naoki Kamiyama’s still less worried about the impact of protectionism on his firm’s stock investments than he was when Donald Trump was elected.
The chief strategist at Nikko Asset Management Co. in Tokyo says the planned tariffs that the countries announced this week -- each on $50 billion of imports -- will have minimal impact on the global economy. Not only that, those levels are open to negotiation, he says.
Regards,
Ted
https://www.fa-mag.com/news/a--210-billion-manager-says-market-is-too-jumpy-about-trade-war-38002.html?print
