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Nir Kaissar

Trade War Would Cause Trouble on Home Front for U.S. Investors

All-out dispute would disrupt foreign sales and operations for American companies.

Home cooking.

Home cooking.

Photographer: Lionel Bonaventure/AFP/Getty Images

President Donald Trump’s looming trade war is no friend of the U.S. stock market, and that’s bad news for U.S. investors who like to keep their money at home.

Free trade is under siege. The White House imposed $50 billion in tariffs on Chinese imports on Friday. China responded in kind. President Trump is now threatening up to $400 billion in additional tariffs, and China is vowing to retaliate again. Its Ministry of Commerce called for “comprehensive quantitative and qualitative measures” if the U.S. imposes additional tariffs.