U.S. stock-index futures pointed to a solidly higher start for Wall Street after Beijing indicated it wasn’t in a rush to respond to the latest round of tariffs imposed by Washington. How are the major benchmarks faring? Futures on the Dow Jones Industrial Average YMU19, +0.97% were up 251 points,Read More →
Getty Chinese President Xi Jinping and President Donald Trump are locked in an impasse over trade. China and the United States on Friday announced they would raise tariffs on each other, marking the latest volley in a widening trade war that has damaged the global economy and could pose aRead More →
Getty Images President Donald Trump fired back at China on Friday by announcing he would increase tariffs. President Donald Trump said he would increase tariffs on Chinese imports in an escalation of a trade war between Washington and Beijing that rocked stock markets on Friday. After China announced new leviesRead More →
A period of relative placidity in global markets has come to a screeching halt amid President Donald Trump’s elevated, and surprising, truculence on China tariffs, prompting strategists at Goldman Sachs to increase in their forecast the chances for an escalation of international trade tensions. Although the strategists believe there isRead More →
