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Hence it is a subject of inquiry which can on no account be neglected. Do not press a desperate foe too hard. There are not more than five primary colours, yet in combination they produce more hues than can ever been seen. There are not more than five cardinal tastes, yet combinations of them yield more flavours than can ever be tasted. When full, starve them.

'The Art Of War' holds the keys to success on Wall Street

When settled, make them move. To subdue the enemy without fighting is the acme of skill. Be extremely mysterious even to the point of soundlessness. Thereby you can be the director of the opponent's fate. Force him to reveal himself, so as to find out his vulnerable spots. Welcome back. This is what a trade war looks like.

Aid programme to help US farmers through trade war

This is the worst case scenario for the US-China trade war. What blacklisting Huawei means for the US-China trade war. Trump's trade war fuels global recession fear. Economist: New China tariffs will hurt US consumers.

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Global markets rocked by escalating trade fights. Japan escalates trade war with South Korea. Bullard predicts a China trade deal won't end uncertainty. Saudi oil minister: Iran puts global energy supply at risk.

US moves to loosen China's grip on rare earth minerals. Trump rips Federal Reserve chief: I have right to fire him.

India escalates trade fight with US, adds new tariffs. The Dow dropped points, or 1. Depriving U. The first step, he said, would be for the PCAOB to deregister the auditors, on the grounds that they are not participating in inspections. This would likely be litigated and could drag on for years, he said. The joint statement lists other measures that could be taken short of delisting, including "requiring affected companies to make additional disclosures and placing additional restrictions on new securities issuances.

Another area that will likely heat up is the battle over indexing. The Trump administration has banned six Chinese companies that work on artificial intelligence from doing business with U.

Sun Tzu and Hollywood

Rubio and others have led the charge, arguing that global indexing firms such as MSCI are now including Chinese companies in global indexes and that U. Some go farther, arguing that the U. But the government should not be managing indexes. Sign up for free newsletters and get more CNBC delivered to your inbox. Get this delivered to your inbox, and more info about our products and services.

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Skip Navigation. Markets Pre-Markets U. Key Points. Investors cheered a partial trade deal with China but soon realized there is no clear timeline for removing existing tariffs. Chinese companies do not meet U.