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China Could Spread Trade War Through 2020 Presidential Election

August 8, 2019 by helpdesk1

China may go farther than expected to win the trade war. WRCR’s Market Analyst Ken Mahoney of Mahoney Asset Management cites Goldman Sachs, who thinks China will wait it out until after the presidential election in 2020…

According to CNBC, China retaliated against Trump’s surprise tariffs threat last week, by halting purchase of U.S. agricultural products, which hurts farmers in the Midwest.

Filed Under: News

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