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U.S.-China talks in October won’t stop tariff hikes, but more progress could arrive in November, Morgan Stanley says

“But analysts at Morgan Stanley say tariff increases scheduled to go into effect on Oct. 15 on $250 billion Chinese goods are likely to go ahead” writes European Markets Editor for marketwatch.com. With Chinese negotiators scheduled to visit Washington in October, it would be natural to expect progress in the trade tensions the two sides are imposing on each other. As the trade talks ebb and flow, the S&P 500 SPX, +0.56%   has climbed 1.1% this quarter, while the Shanghai Composite SHCOMP, -0.92%   has slipped a little over 2%.After all, the two countries have made a series of mini-concessions, from China buying more farm products to the U.S. delaying the implementation of threatened tariffs.
 
Source: marketwatch.com



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