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Economic Preview: The only dark cloud over the U.S. economy is Trump’s trade fights with, well, everybody

Bloomberg News/Landov
Is there a Great Wall going up between the U.S. and China over trade? President Trump’s tariffs and China’s fighting response suggest as prolonged impasse.

President Trump is either building up trade walls or tearing them down, but no matter which view is right, he’s definitely putting investors and Wall Street on edge.

On Friday the White House said it would proceed with plans to sock $50 billion in Chinese goods with steep tariffs after talks on removing trade barriers in China got nowhere. And even though Trump promised to ratchet up sanctions if China retaliated, China quickly vowed a tit-for-tat response.

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