Goldman's Blankfein: probably no US-China trade war

Goldman Sach's CEO Lloyd Blankfein gave his thoughts today on the trade scenario between the US and China.

Key quotes

"That's what you'd do if it was a negotiating position and you wanted to remind your negotiating counterparty of how much firepower you have.

I don't think we're in a suicide pact on this, so I suspect we're not going to cause the economies to collapse."