Will trade war slow third quarter earnings growth? Oct 23, 2019 Will trade war slow third quarter earnings growth? By Blu Putnam, Chief Economist, CME Group Highlights Most companies likely to weather trade war impact on top-line revenues But disruptions to supply chains could raise costs, trim margins in 2020 Farmers might gain from a limited deal with China, but not most US companies Scrapping of tit-for-tat tariffs is key to boosting 2020 earnings prospects Watch video 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