Tue. Sep 22nd, 2020

Trade war: Stocks slide as Trump says ‘no deadline’ for China deal – business live

Rolling coverage of the latest economic and financial news, as US proposes steep new tariffs on French cheese, wine, handbags and porcelain

1.44pm GMT

The Paris stock market is also suffering a dose of tariff blues.

The CAC 40 index is down 1%, with consumer companies and factories suffering the biggest losses.

1.23pm GMT

The US stock market is also heading for sharper losses in an hour’s time:

US Futures sliding now:

US Opening Calls:#DOW 27577 -0.78%#SPX 3094 -0.66%#NASDAQ 8243 -0.87%#RUSSELL 1600 -0.53%#FANG 2815 -1.34%#IGOpeningCall

Continue reading…Rolling coverage of the latest economic and financial news, as US proposes steep new tariffs on French cheese, wine, handbags and porcelainLatest: Trump says China deal could wait until after 2020Trump says France shouldn’t tax US companiesTrump: If anyone takes advantage of US firms, it’s us!Introduction: Trade war deepensFrench fizz, cheese, handbags all face 100% tariffFrance: We’ll hit back 1.44pm GMTThe Paris stock market is also suffering a dose of tariff blues.The CAC 40 index is down 1%, with consumer companies and factories suffering the biggest losses. 1.23pm GMTThe US stock market is also heading for sharper losses in an hour’s time:US Futures sliding now:US Opening Calls:#DOW 27577 -0.78%#SPX 3094 -0.66%#NASDAQ 8243 -0.87%#RUSSELL 1600 -0.53%#FANG 2815 -1.34%#IGOpeningCall Continue reading…

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