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Traders start the week cautiously as a chipmaker selloff outweighs an oil drop while they analyze Treasury Secretary Scott Bessent’s plan to isolate Iran and U.S. focus on 7.5% China overcapacity tariffs ahead of Xi-Trump talks.
LiveSquawk reports Bessent unveils a global anti-Iran sanctions plan, signals China is not exempt, while the US weighs China overcapacity tariffs of 7.5% and Trump vows to double Canadian auto tariffs.
US stocks fall after a chipmaker selloff as oil declines, while Treasury Secretary Scott Bessent pledges to isolate Iran from the global economy and the US weighs 7.5% China overcapacity tariffs before Xi-Trump talks.
The US is considering 7.5% tariffs on China overcapacity ahead of Xi-Trump talks, while a broader market note says chipmaker selling is weighing on stocks.
US officials are said to be weighing 7.5% tariffs on China overcapacity ahead of Xi-Trump talks, according to Hammerstone MarketTalk.
The US is considering 7.5% tariffs on China tied to overcapacity ahead of Xi-Trump talks, according to TradeXchange Newsdesk.
The US is considering 7.5% tariffs on China overcapacity ahead of Xi-Trump talks, according to the raw item, with no further detail on timing or scope supplied.