Trump’s strategic trade crusade could hurt equities

Trump’s strategic trade crusade could hurt equities
US president Donald Trump’s tweets have dried up recently as stock markets have become more volatile Picture: Getty

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...

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