May 17, 2019 — Wilmington Trust’s investment committee has been monitoring the U.S.-China trade war, and in response to recent developments, has made portfolio adjustments to optimize for risk. Members from our leadership team shared their insights during an informative call and have been in the news explaining what this means for the market and how investors can protect portfolios.Missed the call? Listen to the replay.
May 10, 2019 – President Trump raised tariffs on U.S. imports from China today, as he warned he would this past Sunday on Twitter. Following months of signs that both sides were progressing toward an amicable agreement, that narrative was upended by Trump’s tweet, which vaguely alluded to “attempt[s] to renegotiate” by the Chinese. At first it was not clear whether the president was blustering for bluster’s sake, or if the negotiations had truly hit the rocks.
May 6, 2019 – Risk markets were jolted awake on Monday morning, as U.S.–China trade risks resurfaced. On Sunday afternoon, President Trump posted on Twitter that he would be ratcheting up tariffs on China beginning Friday, May 10, if a deal is not reached by then. Specifically, the threat is to raise existing tariffs on $200 billion of Chinese exports to the U.S.