Richard Quest: Yes, it's a trade war [CNNMoney.com]
Fox Corporation - Class A (FOXA)
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Source: CNNMoney.com
Richard Quest: The US-China trade war has begun Quest's Profitable Moment Is the United States in a trade war with China? So much time and effort is being spent arguing the semantics. Well, let me join in: Yes. Think about it. The United States introduced broad tariffs on steel, and China responded with a duty on American fruits, nuts, wine and steel pipes. Then the United States came out with plans for tariffs to punish China for intellectual property theft, and China responded with $50 billion more in proposed tariffs on American cars, planes, soybeans and other goods. If this isn't a trade war, it's as close to one as I want to be. We can argue that the trigger hasn't been pulled. No tariffs have actually been imposed — yet. Sign up for the weekly Quest newsletter in your inbox But the rhetoric has been bold. The armies on both sides are on the move. The weapons have been drawn, and they ar
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