In a week that saw US president Donald Trump raining rage and fury over corporate America’s insistence on not buying into his policies, the markets have been grappling with the risks of the accelerating trade war rhetoric coming out of Washington. Usually circumspect when it comes to assessing political uncertainties, Sheila Patel, Goldman Sachs Asset Management International’s chief executive, speaking on BloombergTV, remarked that Washington’s “mixed messages about what will or won’t happen regarding protectionist...
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