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Will The Trade War Escalation Impact Consumers? Depends Which Pro You Ask
Monday, August 5, 2019 - 3:02pm | 490The escalation of the Sino-American trade war is likely to impact consumers although the weakening of the Chinese yuan should mitigate the impact of U.S. tariffs, Stacey Widlitz of SW Retail Advisors told CNBC Monday. Currency Uncertainty At a macro level, a weaker yuan cancels out a...