Archive for August 5th, 2019

It took just four brutal trading days for a $1.4 trillion wipeout in the S&P 500 stock value. Here's how it all went down.

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The Trump administration formally labeled China a currency manipulator, further escalating its trade war with Beijing.

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<p>Stocks ended sharply lower Monday as a trade war between the world’s largest economies intensified, with China retaliating against President Donald Trump’s latest move.</p>

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As the United States and China swap threats and mete out increasingly punishing tariffs, the world is watching to see whether Beijing turns to one of its most potent economic weapons. It involves the number 7.

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China may have the most to lose, but the U.S. bargaining position is more politically vulnerable.

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