Thread: The trade war is making 1,300 products more expensive
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Old 07-07-2018, 03:22 AM  
BaldBastard
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Join Date: Jan 2001
Location: Sydney
Posts: 15,930
Quote:
Originally Posted by Sarn View Post
China and Russia hit back at Trump tariffs
https://www.bbc.com/news/business-44742714

Big oil is sowing the seeds for a 'super-spike' in crude prices above $150, Bernstein warns

Oil prices could top all-time highs near $150 a barrel because energy companies are investing too little money in new production, Bernstein Research said Friday.
https://www.cnbc.com/2018/07/06/big-...ein-warns.html

Get ready for $250 oil if Iran blocks key shipment route in Middle East, analysts tell RT
https://www.rt.com/business/432075-i...uz-oil-prices/

Oil Closes Higher On Supply Risks
A range of possible supply risks pushed up crude prices despite the prospect of increased production
https://www.wsj.com/articles/oil-fal...ost-1530873832
Difference is if Russia goes broke, no body cares

If either China or the USA go broke or even just significantly damage the other economically .. rest of world suffers, there's no winners in a trade war.
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