U.S. stock futures rally as China says not immediately retaliating for tariffs
A spokesman for China’s commerce ministry was quoted as saying the country would not immediately respond to the latest tariffs imposed on them, which boosted U.S. stock futures and European stocks.
He also said that both sides were discussing the planned September meeting of U.S.-Chinese trade negotiators. U.S. stock futures ES00, +0.66% immediately spiked higher on those remarks, as did European stocks SXXP, +0.71% .
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Video: Massive crowds overwhelm Costco on its opening day in ChinaLast week, President Donald Trump tweeted an order to American corporations: “Immediately start looking for an alternative to China, including bringing your...
Read more »
Australian writer faces espionage charge in ChinaThe Australian government said on Tuesday it was “very concerned and disappointed” that a Chinese Australian writer had been formally arrested in China on suspicion of espionage.
Read more »
Exclusive: Boeing CEO eyes major aircraft order under any U.S.-China trade dealExclusive: Boeing's CEO tells Reuters that a major aircraft order from China could result from any trade deal with the U.S. Tit-for-tat tariffs have forced Boeing to walk a geopolitical tightrope for more than a year
Read more »
Trade Deal Or Not, China Is Investing Big In Synthetic BiologyFor China, synthetic biology is not just an academic pursuit: it’s a tool to achieve its national needs and achieve global technological leadership. Will the US follow suit?
Read more »
Trade insiders say Trump’s botching chances of a China dealTrade insiders say Trump's aggressive moves with China are botching his chances for any long-term trade deal
Read more »
Tesla may be raising prices in China — but it won't be for long, analyst saysElectric carmaker Tesla will reportedly increase prices in China this week in anticipation of rising tariffs — but one automobile expert says the higher costs will not likely last.
Read more »