image: AP/Saul Loeb

Trump’s trade war is heating up – here are 11 stocks UBS says to avoid

March 14, 2018

Fears of a global trade war have been ratcheted up in recent days amid warnings from China that it won’t take President Donald Trump’s newly proposed tariffs lying down.

Earlier in March, the nation said it will respond in kind if Trump’s measures harm it economically. But that doesn’t seem to be impeding the president’s mission, with reports coming in Wednesday that he’s seeking to impose upon China tariffs of up to $60 billion. Trump will reportedly target the technology and telecom sectors.

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