When 2 elephantine economies fight... - Business News - News Summed Up

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When 2 elephantine economies fight... - Business News


The trade war between the world’s two largest economies is not showing any sign of stopping just yet. However, they differ on the extent of the impct from the escalating trade war. Observers believe both China and the US will re-negotiate their trade terms during this period in order to prevent a full-fledged trade war. “A trade war will negatively affect stock valuations all around the world,” he says. “If the trade war continues to prolong and ultimately weigh down global growth and trade, it could affect the Fed’s future actions.


Source: The Star April 07, 2018 00:56 UTC



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