The chief economist of Berenberg Bank told DW Business that a trade war between the United states and China has become "a clear and present danger" for the world economy after Donald Trump's victory.
The comments targeting the trans-Atlantic relationship come as US-EU trade negotiations are in an early stage. In July, the two sides agreed to de-escalate a brewing trade fight.
China's vast export engine unexpectedly accelerated in September, producing a record trade surplus with the United States that could worsen already strained relations between Beijing and Washington.
Despite their repeated attempts, US retailers have so far been unable to veer President Trump away from imposing tariffs on imports from China. His latest tariffs, however, have the potential to hit American consumers.
Riyadh has vowed to retaliate against any sanctions imposed over the disappearance of Jamal Khashoggi. Several countries, including the US, say they want to take action if the government critic was killed.
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