(Bloomberg) — U.S. President Donald Trump’s moves to slap an assortment of trading partners with tariffs Monday served a rude reminder to investors that a major deadline is looming with China.Global equities came within a whisker of their all-time high last month, propelled in part by swelling optimism that at least an interim U.S.-China trade deal was in the offing. Meantime, the clock kept ticking towards Dec. 15, when Trump has threatened to impose 15% levies on $160 billion of Chinese imports.“If tariffs scheduled for Dec. 15 are implemented it would be a huge shock to the market consensus,” said …read more
Source:: Yahoo Finance
