Escalating China tensions could become an obstacle for U.S. stock rally

U.S. President Donald Trump’s directive on Friday to begin the process of eliminating special treatment for Hong Kong is likely to put China-U.S. tensions back in the headlines over the coming months, creating a new driver of volatility in global equity markets. The trade war, which began in earnest in the spring of 2018, had been a constant source of volatility for global markets, as a steady drip of headlines whiplashed investors. While tension between the world’s two largest economies started to re-emerge over the past month as the United States blamed China for the spread of the …read more

Source:: Yahoo Finance