A lot of market commentary sees tariffs as temporary events. But there are indications that we may be in for a longer battle.
A lot of market commentary sees tariffs and the trade war as temporary events. A U.S.-China trade deal, the thinking goes, will sound the all clear signal for markets and the economy.
But they just as easily add up to the opposite: an administration that wants some form of permanent tariffs in place and continued trade battles. The president, after all, has called himself"Mr. Tariff Man." There are economic and political reasons why markets should think about hunkering down for a long trade war.
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