Trade War: Everything has changed Sep 05, 2019 View in your browser Trade War: Everything has changed By Blu Putnam, Chief Economist, CME Group Highlights Equities hit hardest by trade war as tariffs cut into companies’ profit margins Companies have lost pricing power, absorbing tariffs to maintain market share Did market forces weaken the Chinese yuan or was it a managed depreciation? A major breakthrough in the drawn-out dispute seems improbable at the moment Read article Manage trade war outcomes in global markets with CME Group See how CME Group’s tools, economic research and education can help you track the effects of the trade war and better manage market outcomes. Learn more SEE MORE ANNOUNCEMENTS