November 14, 2016

OBAMALITE:

Trump team plays down fears of US trade war with China (Shawn Donnan in Washington and Tom Mitchell in Beijing, 11/14/16, Financial Times)

Advisers to president-elect Donald Trump have already begun playing down the prospect of a full-blown US trade war with China, amid concern that an era of US protectionism would damage the global economy.

Indeed, some analysts wonder whether the tough trade promises made on the campaign trail may take a back seat as Mr Trump focuses on tax cuts and an infrastructure programme designed to boost US growth, the prospect of which has buoyed markets since Tuesday's election.

Posted by at November 14, 2016 4:42 AM

  

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