Do President Trump’s trade threats spell doom for markets?

JP Morgan
By May 10, 2019 13:02

Do President Trump’s trade threats spell doom for markets?

Market excitement about a resolution to the long-running U.S.-China trade dispute built ahead of (what were rumored to be) the final round of negotiations this week. However, comments from President Trump midday Sunday helped to dash that optimism. He threated to raise tariffs further if negotiators do not speed up their progress toward a resolution. Chinese officials promptly threatened to delay and shorten their visit for these negotiations, or to cancel their trip altogether. Since these threats, China has agreed to a shortened meeting for deliberations later this week and the U.S. administration plans to move forward with raising tariffs this Friday. 

JP Morgan
By May 10, 2019 13:02


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