President Donald Trump’s push to rebalance global trade in America’s favor has investors on edge, as his threats to impose import tariffs and curb foreign investment raise the specter of retaliation that could spark a global trade war.
U.S. stocks continued rising Thursday afternoon after American and Chinese officials the previous day indicated a willingness to find a negotiated solution to their trade spat. But neither side has announced plans to hold formal talks to stop them from imposing tariffs on each others’ goods.