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Thread: Fresh Trade Threats Drag on U.S. Stocks

  1. #1

    Join Date
    Feb 2012
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    14,537

    Post Fresh Trade Threats Drag on U.S. Stocks

    Fresh Trade Threats Drag on U.S. Stocks

    U.S. stocks slumped Wednesday as concerns over escalating trade tensions and falling oil prices outweighed optimism about the coming earnings season. The Trump administration said late Tuesday it would assess 10% tariffs on an additional $200 billion in Chinese goods. The tariffs, which wouldn’t come into effect for at least two months, cover a variety of Chinese products including consumer goods. China has pledged to retaliate against U.S. tariffs in “equal scale and equal strength.” In addition to tariffs, here are three ways Beijing could hit back at Washington.

    https://finance.yahoo.com/m/ca98d97e...html?.tsrc=rss


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  3. #2

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
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    8,967

    Default Re: Fresh Trade Threats Drag on U.S. Stocks

    That's funny!!! Falling oil prices!!! Gas around me jumped almost 30 cents a gallon yesterday.
    May the force be with us.

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