The US-China trade war has erased $1.7 trillion from US companies' market value, Fed report says

· *A new report by the New York Fed estimated the US-China trade war has erased $1.7 trillion in American firms' market value since it began in 2018.*
· *The global trade conflict cut US investment growth by 0.3 percentage points by the end of 2019 and will slash another 1.6 points by the end of 2020, the report's authors...