
U.S.-China Trade War Reaches New Level
• https://www.lewrockwell.com, Moon of AlabamaTrump's tariff war has somewhat settled down but for China.
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Trump's tariff war has somewhat settled down but for China.
US markets closed last week with the largest one-day loss in six months, with Asian overnight futures pointed to a sharp downdraft on Monday. HSCEI and Hang Seng futures closed down 5% (limit down) on Friday night.
In a seismic shift for the future of finance, ten of the world's largest banks--including Bank of America, Citi, Deutsche Bank, Goldman Sachs, UBS, Banco Santander, Barclays, BNP Paribas, MUFG Bank, and TD Bank Group--have united to explore the i