James Hughes of AxiTrader (www.axitrader.com/uk) outlines in 45 seconds where the prospect of a US-led trade war is coming from and what the likely implications will be. With investors seeking out the safe haven of US dollar denominated assets, this move is driving demand for the greenback, in turn pushing up the value of the dollar, too. Ultimately however, this will be making imports for US consumers that little bit cheaper…
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