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Trade War Sends Ripple Effects Through Oil Market

Jul.12 -- Commodities including oil have taken a hit in recent weeks as President Donald Trump intensified his trade war with China, imposing tariffs on $34 billion in goods from Asia’s top economy last week and following up with a target list for levies on a further $200 billion. Rob Thummel, managing director at Tortoise, which manages $16 billion in energy-related assets, and Richard Mallinson, co-founder of Energy Aspects, talk with Bloomberg's Alix Steel about how trade is affecting commodities.