Lost cause: An employee arranging imported American apples for sale at a grocery store in Beijing, President Donald Trump says the US lost a trade war with China ‘years ago’. In a tweet Wednesday after China announced a list of US products that might be subject to a 25 tariff, Trump said: ‘We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the US.’ — Bloomberg
Counter tariffs between US and China send markets into tailspin... which later recover
TO quote Shakespeare, it’s much ado about nothing in the financial markets.
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