Exchange Focus
CME Group: Equities Bear the Brunt of the Trade War

September 2019

Equities are feeling the growing pain of the trade war more than the US and Chinese economies as companies absorb the tariffs to keep market share.

  • Protracted trade war impacting the equity market more than the economy
  • Corporate sector absorbing tariffs in trade war to protect market share
  • Companies unable to pass tariffs onto consumers due to stiff online competition
  • No recession in sight as consumer spending continues to support economy

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