, Columnist
Trade Wars Don't Faze This U.S.-China Investor
The best-performing worldwide mutual fund relies on Chinese and American companies. That's not about to change.
Better than fighting.
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The steadfast stock market of 2017 turned into a roller coaster this year by the time President Donald Trump tweeted, "When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win."
The rhetoric directed at China soon became Trump tariffs on imported aluminum and steel. China responded with duties on 128 products, including pork, wine, seamless steel pipes and, subsequently, soybeans and cars. All of which will depress U.S. manufacturers and farmers while driving up costs for American consumers.