Investors around the globe are unsettled by worries of a trade war after the latest round of tit-for-tat tariff threats between the US and China. Add to that rising interest rates and you have a combustible mix that might trigger a serious share setback. The impact of any trade war will be felt on various fronts, including currencies, commodities and companies.
The pain inflicted on stocks and shares would be two-fold, hurting US companies that source material and goods from China, such as Apple, and those that make large amounts of sales in China like Caterpillar and Starbucks. Most Experts says “Ultimately, a US-China trade war would be a fight that no side could win, or at least at an acceptable cost”