Trump’s strategic trade crusade could hurt equities
The US president’s economic war with China will hit individual businesses harder than the global economy, writes Tom McCabe
Since Donald Trump’s election in 2016, investors have grown accustomed to him seeing a rally in stock markets as validation for his presidency.
Last month, CNBC reported that since Trump had become US president, he had tweeted about the stock market more than 60 times. Most of these tweets have seen him take credit for the big gains racked up by the Dow Jones Index of US stocks since he was elected.
The tweets have dried...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply