China Escalation Piles Pressure On Powell To Blunt Impact Of Latest Trade Tiff

China Escalation Piles Pressure On Powell To Blunt Impact Of Latest Trade Tiff

Jerome Powell's remarks in Jackson Hole took on a bit of added urgency on Friday morning when China rolled out retaliatory measures in response to the Trump administration's next round of tariffs. News that Beijing will hit an additional $75 billion of US products with levies rippled across markets, throwing US equity futures for a loop and sending investors scurrying for safety. The prospect of new tariffs on soybeans sent futures lower. They had traded higher prior to the China headlines. Th
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