Trump needs to make peace with China and get a cut in interest rates | Larry Elliott

US president’s target has tended to be Beijing but his focus is likely to turn more to the Federal Reserve

Stock markets around the world are sending a message to Donald Trump: end your trade war with China or face the nightmare scenario of running for a second term in the White House with the economy in serious trouble.

The big falls seen on the world’s major bourses this week are the result of one thing: the growing fear of the impact of the standoff between Washington and Beijing on trade, industrial production and business confidence.

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from US news | The Guardian http://bit.ly/2wpOwfT