The word bad is written on the end of a machine grade bar of steel at the Pacific Machinery & Tool Steel Company this week in Portland, Oregon. US President Donald Trump announced he intends to impose tariffs on imported steel and aluminium, sparking fears that such actions could provoke a trade war. Photo: AP
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

No time for nonchalance, no matter the markets’ ongoing resilience

The recent escalation in global trade protectionism, when the global growth spurt appears to have peaked, could still put markets under further strain

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The word bad is written on the end of a machine grade bar of steel at the Pacific Machinery & Tool Steel Company this week in Portland, Oregon. US President Donald Trump announced he intends to impose tariffs on imported steel and aluminium, sparking fears that such actions could provoke a trade war. Photo: AP
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