U.S. Economic News

February 7, 2018

U.S. News

The Wall Street Journal reports that China has filed a complaint with the World Trade Organization over the recent U.S. tariffs on solar panels and washing machines. China contends that the tariffs do not follow international trade rules, and the country seeks compensation from the U.S. as a result. WSJ

According to the Wall Street Journal, Treasury Secretary Mnuchin said yesterday that the recent decline in the stock market does not overly concern him. Mnuchin said that he believes that the U.S.’ economic fundamentals remain strong and that the decline was in part due to algorithmic trading. WSJ