Trade Deal: Trade Dispute

trade deal: The sell-off accelerated on Monday after China announced plans for retaliatory tariffs. ; But the Chinese government's top diplomat said China and the United States have the ability and wisdom to reach a trade deal that is good for both, according to The Japan Times. U.S. President Donald Trump said he was optimistic about resolving the trade dispute. Fear the United States and China are spiraling into a fiercer, more protracted trade dispute that could derail the global economy has rattled investors in recent weeks. Those signals were enough for now to provide respite to battered markets. And having tumbled more than 2 percent on Monday, U.S. stock futures suggested Wall Street shares were headed for a stronger open . The trade war is driving markets at the moment, said Rory McPherson, head of investment strategy at Psigma Investment Management in London. European shares rebounded from two-month lows with London Frankfurt and Paris 0.5 percent to 1 percent higher. (news.financializer.com). As reported in the news.