Real Time Economics: U.S.-China Showdown | Jobs Day Preview | Tech Backlash

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In today’s issue, the U.S. and China’s warning shots on trade set up months of negotiations, the U.S. trade deficit is expected to widen, unemployment is poised to hit a 17-year low, lower- and middle-income families are abandoning prosperous cities, and Washington targets tech companies.
Get ready for more market volatility. The Trump administration’s tariff tit-for-tat with Beijing sets up a high-stakes standoff between the world’s two largest economies.
Over the next half year or so, the combatants will seek to Read More

Source:: wsj