Key Departures at the White House Raise the Risk of a Trade War
How Investors Could Benefit From a Potential Trade War
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President Donald Trump’s push for import tariffs and the recent White House personnel upheaval increase the chance of a global trade war -- and traders need to stay alert, because the end result could be the reappearance of inflation, according to at least one market analyst.
“We’ve gone a long time with a zero percent chance of a trade war, it’s now higher than that -- probably significantly higher than that,” Matt Maley, a Miller Tabak equity strategist, said by phone. “The internationalists have lost and the nationalists have won.”