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Many investors fear the immediate relief of a China-U.S. deal could be swiftly followed by a bitter confrontation between the EU and its closest ally. While Germany takes the lion’s share of the EU’s trade surplus with the United States, over 63 billion dollars in 2017, other European countries such as Ireland, Italy or France have a lot to lose if tariffs are imposed on European goods. The diversity of their exports highlights how wide the impact would be. A graphic from the Atlas of Economic Complexity, Center for International Development at Harvard University, shows how French exports in 2016 ranged from wines (3.80 percent) to gas turbines (10.95 percent) and medicines (6.08 percent).

Analysts trying to decipher the U.S, president’s strategy believe that a confrontation with the EU is a probable next step following the revamping of the North American Free Trade Agreement and his current efforts to slash the U.S, trade deficit with China from a record 375 billion dollars in swank cufflinks red stone 2017, “We are next in the queue,” warns BNP Paribas’ chief economist William De Vijlder, adding that “the subject of the EU-U.S, trade negotiations has been under the radar up to recently but could resurface soon.”..

Lombard Odier strategist Charles St-Arnaud believes a period of prolonged EU-U.S. tension, with daily incendiary headlines making European markets jittery, is a distinct possibility. “What Trump tweeted about French wine, I can see the parallel with Canadian milk,” he said recalling the tense U.S. NAFTA negotiations with Canada. On Nov. 13th, Trump complained that while France could easily export wines to the United States, U.S. winemakers’ access to the French market was restricted.

“Not fair, must swank cufflinks red stone change”, he said on Twitter, St-Arnaud argues that the threat of a trade war with the United States could mean another grim year for European stocks, which have already suffered collateral damage from the trade spat between the world’s two biggest economies, “A European underperformance is possible in 2019,” he believes, If the Chinese negotiating team currently in Washington was to achieve significant progress, European stocks would get a boost, at least in the short-term..

“It is crucial for the world economy that this man-made uncertainty ceases,” said De Vijlder. An escalation would meanwhile sharpen the global growth downturn and hit bourses worldwide, according to a big Reuters poll of economists. But while both emerging and European stock markets underperformed Wall Street during 2018 due to the trade stress endured by exporters, European shares remain very much less loved by global investors than their EM peers. According to data provider EPFR, while emerging markets equity funds have recorded 15 straight weeks of inflows, European funds saw outflows for 45 of the past 46 weeks.

With a concerns about Brexit, unrest in France, Italy’s populist swank cufflinks red stone government and May’s EU elections, the big European benchmarks are seen by many foreign investors as “uninvestable”, especially as growth slows, “It’s pretty clear that during the course of conversation with any client, political risk premium, political uncertainty will come into the conversation,” said Andrew Milligan, head of strategy at Aberdeen Investments, Joerg Kraemer, Commerzbank’s chief economist, said a confrontation with Washington could be very damaging, notably for the German car industry and that the European Commission would be wise to make a pre-emptive move..

(Reuters) - Apple Inc plans to cut the price of some of its flagship iPhones for only the second time in the device’s 12-year history, pegging its retail value to past prices in local currencies outside the United States instead of the rising U.S. dollar. The move is an attempt to stem weak sales of the iPhone, particularly in overseas markets such as China, where a 10 percent rise in the U.S. dollar over the past year or so has made Apple’s products - which already compete at the top end of the market - much pricier than rivals.

Apple Chief Executive Tim Cook disclosed the plan on Tuesday after the company reported the first-ever dip in iPhone sales during the key holiday shopping period, The company has only once before swank cufflinks red stone cut iPhone prices, shortly after it debuted in 2007, Apple did not say in which countries it would adjust iPhone prices, Resellers in China already began cutting iPhone prices earlier this month after Apple lowered its sales forecast for the quarter ended in December, The company priced its new iPhone XS, which was released in September, at $999, the same price in U.S, dollars as its predecessor, 2017’s iPhone X..