NEWS ANALYSIS

These stocks 'caught in U.S.-China trade war'

Wall Street scrambling to asses damage in latest fallout

author-image WND News Services About | Email | Archive
These reports are produced by another news agency, and the editors of WND believe you'll find it of interest.
rss feed Subscribe to feed

(CNBC) — Wall Street analysts are scrambling to asses the damage in the latest fallout in the trade war between the U.S. and China.

President Donald Trump recently announced that a new 10% tariff would go into effect on $300 billion worth of Chinese goods beginning September 1.

The S&P 500 is down around 2% since then and analysts fear the ratcheting up of trade tensions along with the new tariff will lead to trouble for a wide range of stocks they cover.

Read the full story ›
Print Print
Note: Read our discussion guidelines before commenting.