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Posts published in “Day: June 17, 2018”

Just the Fear of a Trade War Is Straining the Global Economy

President Trump announced fresh tariffs on $50 billion in Chinese goods on Friday. The move prompted swift retribution from Beijing. The tense situation is slowing shipments at ports and airfreight terminals and boosting raw materials prices. VCG/VCG | Getty Images Soldiers wait for a container ship to berth at Qingdao Port on March 8, 2018…