Both the US dollar and US equity markets attempted to bounce on Wednesday after consecutive down days, but were unable to fully buck the pressures imposed largely by fears of an impending global trade war. These fears stemmed from US President Trump’s protectionist drive to impose hefty tariffs on foreign imports into the US. A report on Tuesday suggested that Trump may soon announce substantial tariffs on a wide range of imports from China. Markets were seriously concerned that such actions may prompt swift and severe retaliation from China that could result in a full-blown trade war. The list of major US companies ... (full story)