Rating China's retaliation in the trade war: 'On a scale of 1-10, it's an 11'

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Rating China's retaliation in the trade war: 'On a scale of 1-10, it's an 11'
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The trade war between the United States and China ratcheted up over last weekend to a level that Cowen says, “on a scale of 1-10, it’s an 11.”

Key Points

"Overnight, Chinese government retaliated against new U.S. tariffs, and it's designed to get the President's attention," Cowen analyst Chris Krueger said in a note to investors Monday.

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