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Markets 'overreacting' to trade war rhetoric: UN official

Energy Daily Thursday, 12 April 2018
Markets 'overreacting' to trade war rhetoric: UN officialGeneva (AFP) April 11, 2018

Market gyrations in response to tariff threats from political leaders show that financial traders do not grasp the intricacies of global trade, a senior UN official said Wednesday. Arancha Gonzalez, who heads the International Trade Center (ITC), told reporters that traders have proven too sensitive in the face of "big headline announcements" and "shooting from the hip" bluster about possibl
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News video: John Lipsky Says Trade War Rhetoric 'Unsettling'

John Lipsky Says Trade War Rhetoric 'Unsettling' 04:59

Apr.12 -- Former IMF First Deputy Managing Director John Lipsky discusses the issues behind the U.S.-China trade dispute and China's 2025 economic plans. He spoke with Bloomberg's Scarlet Fu at the China Institute's Executive Summit in New York.

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