Markets May Need to Buckle Up for Trade Tensions Over Long Haul
- Trump administration seen taking steps to protectionist push
- Containing China, not greater market access, is goal: Kroeber
3 Charts to Know: Top Sector Losers from Trump's Tariffs
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The angst about rising trade tensions that’s hit equity markets may presage a prolonged conflict, considering that when it comes to China, the Trump administration may have greater ambitions than just a more advantageous commercial arrangement.
While Chinese officials have pressed for a list of specific demands as President Donald Trump prepares to execute measures including tariffs, there may be no such theoretical list, if this prism of analysis is correct. Morgan Stanley says the risks are now skewing toward a "protectionist push" scenario that roils stocks.