UK Business

Wall Street caught between a rock and a hard place as tensions between US and China rise

Written by Johannes Petry, CSGR Research Fellow, University of Warwick

American investment bank JP Morgan's logo on its Hong Kong office.Tada Images / Shutterstock

The trade war between China and the US has spiralled into unchartered territory. On April 10, the Trump administration imposed a tariff of 125% on all Chinese imports. China called the actions unfair and responded with similar measures.

Within the broader...

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Wall Street caught between a rock and a hard place as tensions between US and China rise

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