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Big investors — including Buffett, Tudor Jones — aren’t worried about a trade war with China
Investors shouldn't overreact to the back-and-forth trade retaliation announcements between the U.S. and China, according to top market veterans. Several of the most successful investors in the world predicted the two economic superpowers will eventually reach a deal after some short-term saber rattling. Trade tensions with China rose to new highs Monday when President Donald Trump instructed the U.S. trade representative to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent. The move sparked a nearly 300-point decline in the Dow Jones industrial average on Tuesday due to ... (full story)