You are here: Home » Reuters » News
Business Standard

Wall Street rolls higher as Trump softens tariff stance

Reuters 

By Sruthi Shankar(Reuters) - U.S. stocks rose on Thursday as fears of a global trade war eased after President Donald Trump promised great flexibility toward the United States' "real friends" as he prepared to impose hefty import tariffs.Worries over the likelihood of a global trade war triggered by Trump's tariff plans have dominated markets since last Thursday, with chief economic adviser Gary Cohn's exit heightening such concerns.But a White House spokeswoman's announcement that Trump's tariffs plan may include "potential carve-outs for Mexico and Canada based on national security, and ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, March 08 2018. 20:40 IST
RECOMMENDED FOR YOU