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Trump Meeting With China At G20 Summit Could Escalate Trade War, According To Goldman Sachs

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President Donald Trump could make the trade war with China worse at the G20 summit, experts at Goldman Sachs predict. Business Insider UK reports that…
President Donald Trump could make the trade war with China worse at the G20 summit, experts at Goldman Sachs predict. Business Insider UK reports that a memo from the investment bank indicates that they believe there’s an “over 50 percent probability” that the trade dispute will escalate as a result of Trump and Xi Jinping’s sideline discussions at this year’s summit in Buenos Aires, Argentina.
“We currently see ‘escalation’ as the most likely outcome in the next few months..” read the note.
Goldman Sachs has also predicted that Presidents Trump and Xi Jinping could make a “deal” that would pause the trade rift.

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