No respite for the markets

Edito Countering the United States’ decision to increase tariffs on Chinese imports from 10% to 25%, China announced a hike in tariffs on American products from 5% to 25%. D. Trump also signed a decree prohibiting American companies from using corporate telecommunication equipment that presents a risk for national security, which is a measure that targets Huawei. This escalation in tensions between the two countries has created a net increase in risk aversion . In Italy, the situation continues to be preoccupying while Matteo Salvini stated that the government was ready to breach budgetary rules. Finally, increased tensions in the Persian Gulf contributed to the general atmosphere of concern.