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UBS Global Wealth Management: 30% chance of a full-blown trade war

According to UBS Global Wealth Management’s APAC CIO, Min Lan Tan, the bank projects a 30% chance of a full-blown US-China trade war, and that the sequence of retaliatory threats is unlikely to disappear, although the impact on the global economy will be limited. “The biggest uncertainty [in markets right now] is the difficult relationship between the US and China,” Tan…

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