Tuesday 6 August 2019

The U.S.-China trade war could get much worse

The U.S.-China trade war could get much worse

Stocks continued their sell-off overnight as fears of further escalation in the U.S.-China trade war were realized after markets closed on Monday. Investors are beginning to fear that not only will the trade war dent business confidence and economic growth, but with further escalation and no end in sight, it could do massive damage to the entire global economy.
Read more: https://www.axios.com/us-china-trade-war-worse-stock-market-depression-recession-c410fb41-f1fb-4412-bf2b-57972ebc0b3b.html?source=Snapzu

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