Trump’s tariff hike threat to fall heavy on base metal industry: Dharmesh Bhatia, Emirates NBD
  • WebDesk BTVI
  • May 07 2019

On the implications of US move to increase tariffs on Chinese goods, Dharmesh Bhatia of Emirates NBD says situations as such lead to volatility in market. Citing US President Donald Trump’s latest threat, he says while it is only a tweet and not a decision, if it comes true it will affect the market. He adds that the gradual but significant rise of US dollar has its implications on commodities, and may hit the base metal industry hard.