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Stocks were on track for a positive week despite the continued uncertainty surrounding tariffs, but inflation and earnings season will keep investors on alert
The trade war shows no signs of slowing down as China responded on Friday morning with a retaliatory tariff now standing at 125% on U.S. imports. Here's a look at which companies are most exposed to China and could face impacts from the ongoing trade war:
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for all countries. This reminded markets that the global trade environment remained volatile, limiting the potential for sustained gains.
Disney plans discounts and events to boost footfall at Orlando theme park amid stiff competition; announces new leadership, complimentary meals, and more.
As Washington doubles down on its trade war with China, and tariffs now going as high as 104%, some leading experts believe that the Middle Kingdom might have an ace up its sleeve, that could hit the United States where it hurts most—Services.
