Morning Bid: Tariffs, earnings eyed as China reopens
First Mexico reached agreement with the United States to put U.S. tariffs on ice, then Canada did likewise, leaving the world's attention on China. After China retaliated on Tuesday to sweeping U.S. tariffs with targeted tariffs of its own, and put several U.S. companies, including Google, on notice for possible sanctions, a sudden detente seems unlikely. This will keep trade tensions bubbling away in Asia, even though markets globally have welcomed Washington's temporary reprieves with Mexico and Canada.
