Current Scenario of US Stocks’ Losses – Trade War Fears
On Monday, Wall Street stocks added to losses in mid-afternoon trading as the latest round of tariff threats between the United States and China deepened fears of a trade war.
Near 1750 GMT, the Dow Jones Industrial Average was down 2.4 percent at 23,908.24.
At present, the experts believe that there are 60 percent chances of a Major Conflict or World war III in 2018. It is matter of worry. However, if the situation of North Korea is observed then it is estimated that there are more chances of next World War. It can also be seen that these days there is a new conflict in the middle-east between Saudi Arabia and Iran.
It is said that in terms of a World War III, it completely depends on how these possible conflicts play out. It is expected that India will be involved if China sides with North Korea because some of South Korea’s allies have defence treaties with India. One of the most serious threats to the world peace is tensions between the US and North Korea.
The US ambassador to the UN told an emergency Security Council meeting North Korea is “begging for war” and called for “the strongest possible measures”.