
Do you see patterns in trade-war volatility? It’s not different this time
Optimism relating to the ongoing trade war between the U.S. and China evaporated last week when President Donald Trump said he would raise existing duties on $250 billion in Chinese products to 30% from 25% on October 1 and tariffs on another $300 billion of Chinese goods, which start to take effect on September 1, would be raised from 10% to 15%. Trump also…