Citing people familiar with the matter, the Wall Street Journal reported Monday that the president of the United States (USA), Donald Trump, gave its representatives green to its representatives, headed by the secretary of the Treasury, Scott Besunt, to raise export controls on a variety of Chinese products in commercial conversations with China in London on Monday.
Market reaction
The main Wall Street indices quote mixed after this headline. At the time of the publication, the Dow Jones industrial average was lowering 0.4% in the day, while the Nasdaq Composite and the S&P 500 index rose 0.3% and 0.05%, respectively.
Meanwhile, the US dollar index remains in a daily range slightly adjusted above 99.00 while markets expect official holders that leave the conversations between the US and China.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
