JP Morgan Expects ‘Full-Blown Trade War’ Between U.S. and China

FAN Editor

This article was originally published on ETFTrends.com.

If the tariff-for-tariff tradeoff between the United States and China resembles a mere scuffle, multinational investment bank J.P. Morgan expects it to escalate into a full-blown trade war. The firm lowered its ratings for Chinese stocks from neutral to overweight, citing that the trade wars will heighten to a point where its economy is substantially […]

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