https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-tanks-1300-points-sp-500-nasdaq-slide-as-focus-turns-to-trump-tariffs-on-china-133050269.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"“”The trade war is now turning into a direct confrontation between the US and China … we could again be seeing escalation and de-escalation at the same time, pulling markets in different directions,” Rabobank analysts said.<\/p>\n
And though a wider trade war is on hiatus, risks remain to the health of the US economy, and Trump’s move is “merely the end of the beginning,” according to JPMorgan.<\/p>\n
Other parts of the president’s trade-policy overhaul are still in effect, including a 10% baseline tariff on most trading partners, 25% duties on steel and aluminum imports, and 25% duties on auto imports. Those elements could still lead to consequences analysts have warned about, such as rising prices and slower economic growth.”<\/p>\n
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