Stock market jittery over US-China tariff war

By

World News

August 26, 2019 - 10:24 AM

Stocks inched higher on Wall Street this morning after President Donald Trump claimed China was willing to reopen talks on the costly trade war that has roiled markets and dimmed the outlook for global economic growth.

Uncertainty remained high, however, about the next developments in the trade dispute, which has repeatedly seen the sides attempt to negotiate before ending in acrimony and more tariffs and trade penalties.

Big technology companies, which do a lot of business in China and have much riding on the outcome of the trade dispute, rose the most. Apple climbed 2%.

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