Global trade wars could escalate

Global trade wars could escalate AMP Capital Chief Economist Shane Oliver has warned that the global trade war could escalate, triggering further short-term investment volatility, but will ultimately be resolved through a negotiated settlement. Oliver says the trade war issue is going to be with us for some time to come. “There is a risk here,” he says. “There is continued talk of escalation and retaliation, more tariffs on China potentially, and talk of tariffs …