Wall Street set to open higher as trade war tensions ease [Reuters]
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Source: Reuters
Wall Street set to open higher as trade war tensions ease | Reuters 3 Min Read (Reuters) - U.S. stock index futures rose on Tuesday, adding to Wall Street’s sharp rebound on Monday, as fears of a trade war between the United States and China eased. All three major U.S. indexes ended up more than 2 percent on Monday following reports that the United States and China were willing to renegotiate tariffs and trade imbalances. Global markets were rattled last week after President Donald Trump moved to impose tariffs on Chinese imports of up to $60 billion, adding to the import restrictions already placed on solar panels, steel and aluminum. Top Trump administration officials are now asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms and buy more U.S.-made semiconductors to avoid tariffs and a potential trade war. White House trade adviser Peter Navarro confirmed that Trump has asked Treasury Secretary Steven Mnuchin and U.S. Trade Rep
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