Morning Report 4 Dec 19: Wall suffers worst falls in 2 months on trade uncertainty

 

US President Trump said he had no deadline to make a trade agreement with China: "In some ways, I like the idea of waiting until after the election for the China deal. But they want to make a deal now, and we'll see whether or not the deal's going to be right; it's got to be right." Also Reuters notes that "the US has also threatened duties of up to 100% on French goods, from champagne to handbags, because of a digital services tax that Washington says harms US tech companies

 

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