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Trump's approval ratings may hold clues to where US trade disputes are heading

2018-07-18 09:59:48       source:CNBC

July 18, 2018


From the tariffs on steel and aluminum imports in March to July's list of $200 billion in Chinese goods that may be targeted by new American levies, the U.S. administration's trade policies have repeatedly caught markets off guard.


The U.S.-China trade war continues to simmer and the White House is trading tariff threats with other nations, so analysts are now looking beyond government pronouncements for alternative indicators that may clue them into where exactly America's ongoing disputes are headed.


U.S. President Donald Trump's trade offensive against Beijing coincided with a drop in his disapproval ratings, Nomura Chief Economist Rob Subbaraman and analyst Michael Loo wrote in a recent note.


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https://www.cnbc.com/2018/07/17/on-trade-war-analysts-watch-trump-approval-ratings-stock-markets.html