Trump Says U.S. Trade Deal With China Is Done
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Despite a weaker US dollar, Asian equities were off overnight on growing chatter of a coming Middle East crisis and Trump’s tariff threat reiteration.
Shares of Oxford Industries were falling Thursday after the company slashed its fiscal-year outlook due to increased tariff costs, leading analysts to caution investors about the challenging economic environment.
US stocks were little changed on Tuesday as renewed US-China trade talks entered their second day after an upbeat initial meeting. The Dow Jones Industrial Average was little chan
US stocks closed higher as investors wait for news from another day of China-US trade talks in London. Key inflation data are also ahead.
2don MSN
U.S. stocks drifted just below their all-time high as the wait continues to hear what will come of trade talks underway between the United States and China.
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Chinese authorities released draft guidelines on transmitting data from automobiles overseas, a move that could pave the way for the wider rollout of Tesla Inc.’s most advanced driver-assistance functions in the world’s largest car market.
Asked whether the US will lift export controls after trade talks with China in London this week, Nvidia CEO Jensen Huang told CNN’s Anna Stewart in Paris: “I’m not counting on it but, if it happens, then it will be a great bonus. I’ve told all of our investors and shareholders that, going forward, our forecasts will not include the China market.”