Analysts at Danske Bank suggest that things have got trickier over the past week between US-China trade conflict as the risk of renewed escalation over the coming weeks has moved up.
Key Quotes
“The key challenge is how Trump can satisfy a strong domestic call for tariffs on imports from China without China leaving the negotiations table. We still believe the ultimate solution will not entail a trade wall, but the probability that things will get worse in the short run is higher now.”