Beijing said on Tuesday that Chinese Vice Premier Liu He will visit the United States this week for trade talks, playing down U.S. President Donald Trump’s unexpected threat that he would raise tariffs on $200 billion worth of Chinese goods to 25 percent from 10 percent. Trade tensions pushed U.S. treasury yields lower as investors turned to low-risk government bonds, pressuring interest rate sensitive banking stocks, which fell 1.51%. Boeing Co, the single largest U.S. exporter to China, slipped 3.2% and Caterpillar Inc declined 2.0%.
Droolin’ Dog sniffed out this story and shared it with you.
The Article Was Written/Published By: