Trump raises China tariffs in escalation of trade war

2019-08-23

Getty Images President Donald Trump fired back at China on Friday by announcing he would increase tariffs. President Donald Trump said he would increase tariffs on Chinese imports in an escalation of a trade war between Washington and Beijing that rocked stock markets on Friday. After China announced new leviesRead More →

Goldman says Trump tariff threat ‘raises odds of further tariff escalation’ as stock market’s calm phase ends abruptly

2019-05-06

A period of relative placidity in global markets has come to a screeching halt amid President Donald Trump’s elevated, and surprising, truculence on China tariffs, prompting strategists at Goldman Sachs to increase in their forecast the chances for an escalation of international trade tensions. Although the strategists believe there isRead More →