Lipsky quoted in AP News on the escalating trade war between the US and China

Donald Trump made his political fortune by promising to return his greatness to the United States. But perhaps it is China that will emerge from the unprecedented arm of iron that the American president has just begun.

Lipsky quoted in AP News on the escalating trade war between the US and China

The post Lipsky quoted in AP News on the escalating trade war between the US and China appeared first on Atlantic Council.

BANGKOK.-After the latest episode in the trade war that confronts China and the United States, Japan and some European markets, the stock markets shook downwards today Friday around the world while others stood firm.The growing concerns over the US President Donald Trump's trade war caused Tokyo's benchmark to fall initially by more than 5% and although it regained some ground during the day to close with a 3% drop in 33,585.58 points.

The stock markets shook on Friday as the trade war between the United States and China continued to rise. STOXX Europe 600 fell by about 1 percent after China raised its tariffs to US imports to 125 percent. Trade in futures suggested that the S&P 500 index opened slightly higher, investing earlier losses, at the end of an extremely volatile week. Markets around the world have been abruptly diverted between big profits and losses amid the turmoi…