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Trump Escalates Simmering Trade Dispute With China

Credit: Wochit News
Published on May 6, 2019 - Duration: 00:43s

Trump Escalates Simmering Trade Dispute With China

According to Reuters, President Donald Trump escalated a simmering trade dispute with China over the weekend, leading global equity markets into decline.

On May 6th, markets around the world hit a one-month low, including the price of crude oil, after President Trump tweeted renewed tariff threats.

The tweets effectively ended a four-month truce in escalations between Washington D.C.

And Beijing.

One Chinese official said the atmosphere of the negotiations has changed.

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Trump Escalates Simmering Trade Dispute With China

A JULY 5, 2018, FILE PHOTO FEB.

15, 2019, FILE PHOTO, POOL PHOTO CHINA OUT

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