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Wall Street dips as tariff worries push industrials lower
Trump said he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 percent from 10 percent at the start of 2019. Trump is due to meet Chinese President Xi Jinping at the G20 Summit in Buenos Aires this week, but his latest comments have given little hope about the two countries resolving their trade dispute, which has battered financial markets this year. The trade-sensitive industrial sector (.SPLRCI) fell 0.97 percent, with Boeing Co (BA.N), the single largest U.S. exporter to China, down 0.4 percent and Caterpillar Inc (CAT.N) 1.3 percent.
https://finance.yahoo.com/news/futures-lower-u-china-trade-122822927.html?.tsrc=rss
Trump said he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 percent from 10 percent at the start of 2019. Trump is due to meet Chinese President Xi Jinping at the G20 Summit in Buenos Aires this week, but his latest comments have given little hope about the two countries resolving their trade dispute, which has battered financial markets this year. The trade-sensitive industrial sector (.SPLRCI) fell 0.97 percent, with Boeing Co (BA.N), the single largest U.S. exporter to China, down 0.4 percent and Caterpillar Inc (CAT.N) 1.3 percent.
https://finance.yahoo.com/news/futures-lower-u-china-trade-122822927.html?.tsrc=rss
