U.S. stocks opened flat on Tuesday as traders looked for gains following President Donald Trump’s delay of sweeping reciprocal tariffs and as China warned against a rekindling of trade tensions.
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U.S. stocks opened flat on Tuesday as traders looked for gains following President Donald Trump’s delay of sweeping reciprocal tariffs and as China warned against a rekindling of trade tensions.
The president noted that U.S. negotiators remained open to offers from trading partners, suggesting that tariffs could be reduced by — or even after — the deadline on Aug. 1.
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Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.
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