History's Not on the Market's Side in a Trade War - Article at Bloomberg
The first shots of a global trade war were fired on
Friday as U.S. President Donald Trump announced a 25 percent levy on $50
billion of imports from China. The tariffs focus on “industrially
significant technology,” and intend to hurt China for alleged theft of
intellectual property rights. China responded
within hours with a detailed list of imports from the U.S. valued at
$50 billion that it would impose a similar 25 percent tax on...
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