How to Play Trump's Rollercoaster Ride of Trade-War Threats
- Markets worry amid Nafta negotiations and tariff imposition
- Strategists see Mexico and some Asian countries as vulnerable
Lighthizer Sees `Some Progress' on Nafta Negotiations
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President Donald Trump says the U.S. will never “surrender” in its economic rivalry with other nations. That’s keeping analysts on alert for signs of a trade war.
In his first State of the Union, Trump promised to “fix bad trade deals and negotiate new ones.” He refrained from naming specific nations or pacts, including the North American Free Trade Agreement that the U.S. is renegotiating with Mexico and Canada. But only last week, the president slapped tariffs on solar panels and washing machines, and the White House hinted Tuesday that it still may punish China for allegedly flouting U.S. intellectual property.