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Business News

China set to convene meeting on Tuesday to discuss response to U.S. tariffs – Bloomberg

Chinese Vice Premier Liu He is set to convene a meeting in Beijing on Tuesday morning to discuss the government’s response to the U.S. decision to impose extra tariffs on $200 billion of Chinese goods, Bloomberg News reported, citing a person briefed on the matter.

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Trading Ideas

U.S. stock futures fall after Trump announces new round of tariffs

U.S. stock index futures extended losses in post-market trading late Monday after President Trump announced a new round of tariffs on about $200 billion worth of Chinese imports. Trump said he will impose 10 percent U.S. tariffs on about $200 billion worth of Chinese imports but he spared smart watches from Apple (AAPL.O) and Fitbit (FIT.N). S&P 500 e-mini futures (EScv1) were down 0.3 percent in trading for the overnight session. …read more […]