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发表于 2019-8-13 09:50:48
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Goldman: Huawei deadline could further escalate a ‘full-blown economic conflict’ between U.S., China
The chances for a swift and satisfactory conclusion to the U.S.-China trade standoff have fallen in recent weeks, and equity analysts at Goldman Sachs are warning that the conflict could escalate further next week, when a short-term exemption that allowed U.S. firms to sell certain products and services to Chinese telecom firm Huawei will expire.
“During the past week, the ongoing trade dispute between the U.S. and China appears to have escalated into a full-blown economic conflict,” wrote David Kostin, chief U.S. equity analyst at Goldman Sachs, in a note to clients. Rising tensions helped fuel losses last week for the S&P 500 index SPX, -1.22%, the Dow Jones Industrial Average DJIA, -1.48% and Nasdaq Composite Index COMP, -1.20%, he added. |
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