Indexes Trading: Stocks Spx and Chinese Imports

indexes trading: Trump said Tuesday that he may not insist on a March 2 deadline in bilateral talks if the two countries are close to a compromise, according to Market Watch. The U.S. is slated to hike tariffs on 200 billion worth of Chinese imports on that date if no agreement is reached, according to the Associated Press. The news has also bolstered U.S. stocks SPX, -0.27% with major indexes trading at 2019 highs. The positive reaction to the possibility of a detente between the two economic superpowers underscores the impact that trade has had on the global markets, amid fears that a prolonged standoff could further weigh on economic growth beyond China and the U.S. China, the world's largest exporter, has already felt the sting of relentless trade tensions with its gross domestic product growing 6.6% in 2018, the slowest since 1990. Meanwhile, the trade war, a slowdown in China, tightening corporate credit conditions and U.S. politics are all tail risks that investors should be on the look out for, according to Michael Hartnett, chief investment strategist, at Bank of America Merrill Lynch. While the pace of China's economic expansion is nothing to scoff at, for a country with such a huge effect on international trade and economy, any hiccup could ripple across the globe. (news.financializer.com). As reported in the news.