Huawei on hold

The White House holds off on making a decision on Huawei licenses. Trade friction dampens sentiment after a strong Wall Street session. And climate change is threatening the world’s food supply. Here are some of the things people in markets are talking about today.

The White House is holding off on a decision about licenses required for American companies to do business with Huawei, after China said it was halting purchases of U.S. farming goods, according to people familiar with the matter. American businesses require a special license to supply goods to Huawei after the U.S. added the Chinese telecommunications giant to a trade blacklist in May over national security concerns. In the past week tensions have escalated further as Trump said he would impose a 10% tariff on $300 billion of Chinese imports as of Sept. 1 and his Treasury Department formally labeled China a currency manipulator.