US tariff threats rattle US stock markets, with major indexes all enduring sell-offs

//US tariff threats rattle US stock markets, with major indexes all enduring sell-offs

US tariff threats rattle US stock markets, with major indexes all enduring sell-offs

Threats and deadlines in the US-China trade war caught up with US stock market investors on Tuesday, as they sold off shares on escalating concerns a deal will not materialise between Washington and Beijing by a Friday deadline.US President Donald Trump’s threat to further raise tariffs on $200 billion worth of Chinese goods imported into the United States to 25 per cent – from the 10 per cent rate they are now subject to – sent the benchmark Standard & Poor’s 500 index and the Dow Jones…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-05-07T22:17:01+00:00 May 7th, 2019|Business|Comments Off on US tariff threats rattle US stock markets, with major indexes all enduring sell-offs