Credit Markets Weekly

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Which weapon will be drawn next? The trade dispute continues to dominate financial market activity. Which weapon will be drawn next? Will China also raise tariffs in retaliation after the recent escalation by the US, or perhaps even block exports of critical commodities such as rare earth minerals? Is China's rating/scoring system for corporations going to become the next trade barrier? Where is this conflict heading and how much damage will it inflict on the economy (or inflation rates)?