Markets Cautiously Lower as U.S.-China Trade Threat Looms
Supported by Business Day Markets Cautiously Lower as U.S.-China Trade Threat Looms Photo Deutsche Boerse in Frankfurt in February. Major world stock markets opened less than 1 percent lower on Friday, led by Germany. Credit Daniel Roland/Agence France-Presse — Getty Images HONG KONG — Global markets fell modestly on Friday, hours after President Trump threatened to worsen trade relations with China with potential tariffs on another $100 billion in Chinese goods.
The market reactions were initially quiet, as investors waited for details of any tariffs that might stem from Mr. Trump’s remarks. On Thursday he said he had instructed United States trade officials to determine whether new tariffs were warranted and, “if so, to identify the products upon which to impose such tariffs.”
Major world stock markets opened less than 1 percent lower on Friday, led by Germany. Asian markets were mixed, with China on holiday and Hong Kong just returning from one. The dollar fell in value slightl..