physical trade
Stocks Rise as U.S., China Sign Trade Deal
U.S. stocks rose to new highs as President Trump signed an initial trade pact with China, halting a two-year trade dispute between the world’s two largest economies. The Dow Jones Industrial Average gained 0.5% in midday trading. The S&P 500 climbed 0.4%, while the Nasdaq Composite rose 0.4%. All three indexes hit intraday records. Mr. …
China to Cut Tariffs on Range of Goods Amid Push for Trade Deal
BEIJING—China will cut import tariffs for frozen pork, pharmaceuticals and some high-tech components starting from Jan. 1, a move that comes as Beijing and Washington are trying to complete a phase-one trade deal. The plan, approved by China’s cabinet, will lower tariffs for all trading partners on more than 859 types of products to below …
U.S. Stocks Outpacing the Rest of the World
The Dow Jones Industrial Average climbed Monday to its first record since mid-July, the latest example of investors’ faith in the domestic economy powering U.S. stocks to fresh highs. Buoyed by optimism about a U.S.-China trade accord and last week’s upbeat figures on third-quarter economic growth and October hiring, the blue-chip index climbed 0.4% to …
U.S. Adds Chinese Firms to Blacklist, Citing Repression of Muslim Minorities
WASHINGTON—The U.S. added 28 Chinese entities to an export blacklist Monday, citing their role in Beijing’s repression of Muslim minorities in northwest China, just days before high-level trade talks are set to resume in Washington. The action, which the U.S. said wasn’t related to trade talks, was nonetheless likely to disturb Chinese officials already incensed …
China Seeks to Narrow Trade Talks With U.S. in Bid to Break Deadlock
BEIJING—China is looking to narrow the scope of its negotiations with the U.S. to only trade matters, putting thornier national-security issues on a separate track in a bid to break deadlocked talks with the U.S. Chinese officials are hoping that such an approach would help both sides resolve some immediate issues and offer a path …
Dow down over 300 points as measure of manufacturing activity indicates contraction
U.S. stocks were firmly lower Tuesday after the U.S. launched a new round of tariffs on $112 billion in Chinese goods Saturday, with China retaliating with new levies of its own, while a key gauge of the U.S. manufacturing sector signaled the first contraction in activity in three years. The new trade barriers and a …
Trump’s China Tariff Threat Roils Markets Around the World
• U.S. Treasury yields down U.S. stock futures slipped and global indexes moved sharply lower Friday after President Trump threatened to extend tariffs to essentially all Chinese imports. The Stoxx Europe 600 fell about 2%, its biggest drop since December 2018. “The problem with Europe is that it is more exposed to Chinese growth than …
