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Myron Scholes and Ash Alankar: Options Market Suggests China Has Edge in Trade War
Recent changes in prices suggest traders believe Trump may have picked a trade fight he has a diminishing chance of winning. U.S. President Donald Trump under-estimated China President Xi Jinping’s resolve when he raised tariffs on about $200 billion of imports from China to 25 percent from 10 percent, warning his counterpart not to respond
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Posted: May 20, 2019 Monday 05:00 AM