Attacks on oil tankers carrying supplies are another reminder that events can have an impact on markets.
The U.S. may soon be cut-off from Chinese rare earth metals.
Public statements by U.S. and Chinese leaders have seemed to undercut their assurance of progress from earlier in the year.
An eventual agreement still seems likely but may be more limited in scope than we previously expected.
Wells Fargo Investment Institute believes that a U.S. economic recession is unlikely in the next 12 months, and potentially longer.
Over the weekend, the U.S. and China exchanged new threats over their mutual trade.
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