Home Business Oil prices slide as U.S.-China trade war escalates Business Oil prices slide as U.S.-China trade war escalates By Genpie - August 23, 2019 233 0 Facebook Twitter Google+ Pinterest WhatsApp Oil prices fell sharply on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking the latest escalation of a protracted trade dispute between the world’s two largest economies.