History's Not on the Market's Side in a Trade War
Flames rise from molten aluminum in a molding unit at the Alumetal Group Hungary Kft. aluminium processing plant in Komarom, Hungary on Monday, March 19, 2018. The European Union believes it’s on track to be exempted from imminent U.S. tariffs on foreign steel and aluminium, dialling down the risk of a trans-Atlantic trade war. Photographer: Akos Stiller/Bloomberg  

History's Not on the Market's Side in a Trade War

BloombergOpinion
(Bloomberg Opinion) -- The first shots of a global trade war were fired on Friday as U.S. President Donald Trump announced a 25 percent levy on $50 billion of imports from China. The tariffs focus ...
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