Tag: simmer

China passes tariff law as tensions with trading partners simmer

BEIJING (Reuters) – China on Friday passed a law leaving its biggest trade partners in no doubt that it can hit back should they put tariffs on the exports of the world’s No.2 economy as Washington and Brussels take aim at Beijing over excess industrial capacity. The Tariff Law, which was approved by China’s top […]

Futures fall as Middle East tensions simmer, Netflix slumps

(Reuters) – U.S. stock index futures slipped on Friday as investors turned risk-averse following reports of an escalation in the Middle East conflict, while Netflix fell in premarket trade after the company forecast current-quarter revenue below estimates. Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the […]