China

The winner of Trump's trade war won't be the US or China - it'll be an industry that is about to double in size

10 days ago   |   By Business Insider

VGC/Getty Images
Counterfeiting was one of the many charges laid by US President Donald Trump at China's door at the beginning of the trade war.
While his protectionist measures may decrease the level of trade between states, they will not automatically prevent the trade of counterfeit goods.
Instead, it may have the inverse effect.
Tariffs will lead to higher costs of imports for both US and foreign companies, leading consumers to seek cheaper alternatives - like counterfeit products.
The trade war between the United States and China continues to spiral, with mutual tariffs now hitting...
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UBS: These are the companies most at risk from President Trump's trade war

UBS: These are the companies most at risk from President Trump's trade war

10 days ago   |   By Business Insider

REUTERS/Fred Dufour/Pool; Alex Wong/Getty Images
UBS rounded up the most at-risk companies in every industry with regards to President Donald Trump's ongoing trade war with China, Europe, and others.
Analysts warn these companies could see their earnings per share hit with double that of the market average.
President Trump's trade war is showing no signs of stopping, and it's already taken a toll on markets.
In the face of further escalation, UBS asked its equities analysts in each sector to identify the three companies under their coverage that were most at risk if the trade war if it...
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