Here’s why the market is looking past the trade war
As the trade conflict between the United States and China goes on, it can sometimes feel like there’s no end in sight. Just this week, the Trump administration announced plans to slap $200 billion in tariffs on Chinese goods on top of the $50 billion in duties already in place. We’re now talking about tariffs on just about half of everything we get from China. And Beijing, of course, responds to every move. Things just keep escalating. You’d think maybe all of this would rattle Wall Street. Nope, not so much.
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