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Stock impact report

Stocks gain after reports of possible progress on U.S.-China trade dispute [Los Angeles Times (CA)]

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Stocks gain after reports of possible progress on U.S.-China trade dispute U.S. stocks climbed Thursday after a report that U.S. officials could reduce the new tariffs on Chinese imports as part of trade negotiations between the two countries — the latest in a series of potentially conflicting updates on the trade dispute. Citing sources close to the discussions, the Wall Street Journal said Treasury Secretary Steven T. Mnuchin and other officials are willing to lift some or all of the import taxes the U.S. announced last year. They're aiming to persuade Chinese leaders to make deeper reforms. However, U.S. Trade Representative Robert Lighthizer reportedly doesn't support the idea, and the proposals haven't been presented to President Trump. Stocks wobbled earlier after reports late Wednesday that the U.S. might bring criminal charges against Chinese technology giant Huawei over allegations it stole trade secrets. However, China's government said the top trade envoys from both countri Show less Read more
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