But the president’s remarks continue to receive attention on Chinese social media and are followed closely in financial markets around the world. The remarks followed several moves on Monday that renewed the president’s threats of a global trade war. Those moves have reignited uncertainty in a global trade war that had appeared to be calming as the presidential election approaches. In the last several months, the Trump administration has announced a trade deal with Japan, postponed a decision to place devastating tariffs on European cars, and pushed for the ratification of its revised North American trade deal. But in his public remarks, Mr. Trump has frequently said that he is happy to further raise American tariffs, which are already at their highest point in decades.

Source: New York Times December 03, 2019 12:57 UTC