The market has been riddled with worry that the fallout from a costly trade conflict will undercut an already slowing global economy and hurt corporate profits. Source: NYT > Business – Associated Press
Is This August of Financial Troubles More Like 1998 or 2007?
A search for historical parallels offers both reassurance and angst. Source: NYT > Business – Neil Irwin
South Korea Retaliates Against Japan in Trade and Diplomatic Rift
South Korea said it would remove Japan from its list of countries entitled to preferential treatment in trade, following a similar move by Japan this month. Source: NYT > Business – Choe Sang-Hun
A Financier’s End, and Uber Hits the Skids
Also: Barneys files for bankruptcy, and more of the week’s top stories in business and tech. Source: NYT > Business – Charlotte Cowles
Democrats’ 2020 Problem: How to Be Tougher on Trade Than Trump
Democrats are highly critical of NAFTA and China, but they will have a hard time taking a tougher line than Mr. Trump has as president. Source: NYT > Business – Ana Swanson
DealBook Briefing: China’s Potent Arsenal for Trade Retaliation
The wide variety of options open to Beijing for retaliation in the latest wave of trade and currency tensions have begun to emerge. Source: NYT > Business –