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Global stock markets ease ahead of Wall Street open

The Hanford Sentinel
Global stock markets ease ahead of Wall Street open

ANALYST'S TAKE: "Looking at the rhetorical battle between the United States and China recently, it may appear that finding a clue to resolve (the trade war) is impossible," said Lee Seunghoon, an analyst at Meritz Securities Co. in Seoul, South Korea. "But rather than prolonging the trade conflicts, such heated rhetorical battle between the U.S. and China will likely lead to a resumption of negotiations before the U.S. midterm elections." Lee said the actual imposition of additional tariffs by the U.S. on Chinese products could be delayed and concerns about higher consumer prices in the U.S. may discourage President Donald Trump's administration from imposing further tariffs.