By CCN: The Dow recoiled on Friday after President Trump dragged the United States into a trade conflict with Mexico, wreaking havoc on an already-fragile stock market. As Wall Street buckles up for yet another tariff-induced shellacking, equities analysts warn that Trump’s trade war tab is coming due, and the cost already adds up to a staggering $5 trillion. Deutsche Bank: Trump’s Trade War Price Tag Has ALREADY Hit $5 Trillion That’s according to Deutsche Bank chief strategist Binky Chadha, who identified the US-China trade war as the key hurdle preventing a recovery in global growth. And while the
The post Dow Disaster: How Trump Created a $5 Trillion Stock Market Crisis appeared first on CCN
source https://www.ccn.com/dow-disaster-how-trump-created-a-5-trillion-stock-market-crisis
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