Trump's trade wars have cost the stock market $5 trillion and counting, according to Deutsche Bank.
Key Points
"The trade war has been key in preventing a recovery in global growth and keeping US equities range bound," the bank said. US President Donald Trump announces a new immigration proposal, in the Rose Garden of the White House in Washington, DC, on May 16, 2019.'s trade battles are costing the U.S. stock market $5 trillion and counting, according to Deutsche Bank.
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