考研英语时事阅读的每日积累，对备考2020考研考生，在阅读水平提升方面有很大的作用!下面，北京文都考研网小编整理2020考研英语时事阅读:中国在贸易战中具有优势，供考生参考。
2020考研英语时事阅读:中国在贸易战中具有优势
【原文节选】
U.S. President Donald Trump under-estimated China’s resolve when he raised tariffs on about $200 billion of imports from China to 25 percent from 10 percent, warning his counterpart not to respond in kind. That advice was ignored.
Trump’s action and China’s response – imposing duties on about $60 billion of U.S. exports to take the total of affected products to $110 billion – led to a 2.41 percent slide in the S&P 500 on May 13, the biggest drop in the index since Jan. 3. In combination with a drop in the yield on 10-year Treasuries to about their lowest since 2017, the clear conclusion is that investors are nervous about the impact that the latest tit-for-tat salvos in the long-running trade dispute will have on U.S. economic growth.
Options prices, which provide important insights into shifting near-term market risks, suggest that Trump may have picked a fight he has a diminishing chance of winning. In other words, option market prices have shifted and now indicate that market participants’ consensus view is that Chinese equities are a potentially better buy than U.S. stocks.
作者：Myron Scholes and Ash Alankar
原文标题：Options Market Suggests China Has Edge in Trade War
【重点单词】
edge
英 [edʒ] 美 [edʒ]
n. 边;边缘;边线;边沿;刀口;刀刃;利刃;(尤指灾难的)边缘
v. (使)徐徐移动，渐渐移动;给…加边;略为增加(或减少)
resolve
英 [rɪˈzɒlv] 美 [rɪˈzɑːlv]
v. 解决(问题或困难);决心;决定;作出决定;作出决议;表决
n. 决心;坚定的信念
slide
英 [slaɪd] 美 [slaɪd]
v. (使)滑行，滑动;(使)快捷而悄声地移动;逐渐降低;贬值
n. 降低;跌落;衰落;(在冰上或光滑表面上)滑行，滑动;滑梯
equity
英 [ˈekwəti] 美 [ˈekwəti]
n. (公司的)股本;资产净值;(公司的)普通股;公平;公正
【参考翻译】
美国总统唐纳德•特朗普低估了中国的决心，他将从中国进口的约2000亿美元商品的关税从10%提高到25%，警告中国不要以牙还牙。这个建议被无视了。
特朗普(提高关税)的行动和中国的反应——对大约600亿美元的美国出口产品征收关税，使受影响的产品总额达到1100亿美元——导致美股标普500指数在5月13日下跌2.41%，创下自1月3日以来的最大跌幅。再加上10年期美国国债收益率跌至2017年以来的最低水平，一个显而易见的结论是，投资者担心这场旷日持久的贸易争端中最新一轮针锋相对的措施将影响美国经济增长。
期权价格对近期市场风险的转移提供了重要的洞见，表明特朗普可能选择了一场胜券越来越小的战斗。换句话说，期权市场价格已经发生了变化，现在表明市场参与者的共识是，中国股市可能比美国股市更值得买进。
以上是北京文都考研网给出的2020考研英语时事阅读:中国在贸易战中具有优势，希望上述内容对2020考研学子在英语能力提升方面有所帮助!祝2020考研必胜!
