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Report: U.S. planning more tariffs on Chinese goods if Trump-Xi talks fail

Published 10/29/2018, 02:31 PM
© Reuters.  Report: U.S. planning more tariffs on Chinese goods if Trump-Xi talks fail
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  • Stocks turn negative following reports that the U.S. could be readying another round of Chinese tariffs if nothing comes from the expected G-20 meeting between Pres. Trump and China's Pres. Xi fail to reconcile the ongoing trade dispute.
  • An announcement of a new round of taxes against goods from China reportedly could come as early as December and target the rest of the ~$257B worth of imports from China not already subject to tariffs.
  • At 2:30 ET, S&P -0.1%, Dow -0.4%, Nasdaq -0.9%.
  • ETFs: SPY, VOO, SH, SDS, IVV, SSO, SPXU-OLD, UPRO, SPXL, RSP, SPXS, VFINX, EPS, BXUB, SPLX, SPUU, BXUC, SFLA, SPDN, SPXE, SPXT, PPLC, SPXV, RYARX, SPXN, DMRL, RVRS, USMC
  • Now read: S&P 500 Valuation Dashboard - Update


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