UBS GWM: Trade tensions ease, but not over

25 May 2018 | 1 minute read

Sino-American trade tensions have eased following a jointly released statement on 19 May by both countries, with an agreement to “substantially decrease the US trade deficit in goods with China”. However, UBS Global Wealth Management points out that tensions have anything but dissipated. “The tone of the joint statement is positive, but its content is vague and future negotiations on…

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