The global trade war has been dominating the news for months. Almost daily, new threats and tweets are exchanged, thereby increasing fears for escalation. These fears impact financial markets negatively and increase volatility. Nevertheless, good news on import tariffs emerged. A meeting between Donald Trump and Jean-Claude Juncker has currently led to a provisional truce between the United States and Europe and the intention to establish a new trade agreement.
Fears for trade war shake financial markets
01.09.2018