Damaging trade war could destabilise the already slowing global economy
- US-China trade war: latest updates
- What has Trump done and what next?
- A cast of thousands: products from China facing 25% US tariff
Donald Trump has insisted that there is “no rush” to secure a deal with China despite growing business and Wall Street fears that the ratcheting up of US tariffs risks a full-blown trade war between the world’s two economic superpowers.
US shares, which were falling for much of the day, staged a late rally on Friday night after Trump tweeted that trade talks “will continue” after the hiking of tariffs on $200bn of Chinese goods.
Continue reading...from The Guardian http://bit.ly/2LA0bTF