Market Watch – April 6, 2018
Market Watch April 6, 2018
Big Picture
By Andrew Trimble
Trade tensions in focus
The new month and new quarter got off to a volatile start amid rising – and falling – trade tensions and the potential regulation of U.S. technology companies.
Starting with trade, U.S. President Trump threatened new additional tariffs against China late Thursday after Beijing hit back with its own proposed duties on American goods at the start of the week. Still unclear is whether these are opening salvos to spark negotiations or the first shots in a tit-for-tat long-term trade war. Also on the trade front, there’s growing optimism a preliminary NAFTA deal may crystalize in the coming days with top negotiators for the U.S., Canada and Mexico meeting in Washington.