Deeper Trade War Won't Leave Markets Untouched

Published May 24, 2019 | 2 min watch

Peter Schaffrik, Chief European Macro Strategist, joined Bloomberg to discuss the potential impacts from the latest in the U.S. / China trade dispute.

Peter discusses how deepening tensions over trade between the U.S. and China could put downward pressure on markets in Asia and secondarily in Europe. Current economic expectations, which are set to improve, would need to be adjusted, impacting the markets.

Peter also discusses how this particular trade war is being conducted, compared to those in the past, with not only tariffs involved but also the impact on third parties doing business with certain countries and removal of access to the U.S. dollar market and intelligence.

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