I Call Your Bluff

By Maartje Wifjjelaars, senior economist Rabobank

I Call Your Bluff!

10!... 20!... 54!... 84!...104!...125!...145! It sounds like an auction at Christie’s, but in fact it was a bidding in Washington. Not to buy art, but to destroy demand for Chinese goods. Indeed, US tariffs on Chinese goods are now as high as 145%. I call your 10!... 15!... 20!... 54!... 84!...125!