Why investors needs to look east, away from the USA

Trump’s trade tariffs have put the US in a state of accelerating conflict with the rest of the world

1st July, 2018
A worker pours molten cast iron at the Novolipetsk Steel PJSC plant in Russia

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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