• JPMorgan: Trump's escalating skirmish with China over trade is 'like a WWE wrestling match'

    One year ago - By Business Insider

    Trump's trade war with China resembles a "WWE wrestling match," according to Mike Bell, global market strategist at JPMorgan Asset Management.
    "There's an awful lot of talk, but not a lot of damage likely to be done," Bell told journalists.
    Currently announced tariffs represent less than 0.3% of GDP for both China and the USA.
    Bubbling tensions between the USA and China over trade are like a "WWE wrestling match" - with both sides engaging in needless bravado and trash talk without any real substance, says a senior strategist at JPMorgan.
    "My broad view is that this trade war is a little...
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