Good MornING Asia - 26 March 2018

Could the $50-60bn just be the stick to encourage China to provide trade concessions? Treasury Secretary Mnuchin dangles the carrot of a deal

By Robert Carnell

Could the $50-60bn just be the stick to encourage China to provide trade concessions? Treasury Secretary Mnuchin dangles the carrot of a deal.

China has sent a strong message by announcing its own tariffs following the latest US$60bn tariff plan from Washington. What are the implications?

We're not too excited by this stronger than expected inflation rise - much of it looks transitory - moreover, we're axing our MAS tightening call.