Stocks

Chinese team heads to Washington to salvage trade talks

China's government has confirmed its economy czar will go to Washington as scheduled this week for trade negotiations despite President Donald Trump's threat of new tariff hikes in a fight over Beijing's technology ambitions.

Asia stocks mostly higher after Trump trade threat

U.S. stocks fell sharply at the opening of trading Monday, following a sell-off in Europe and Asia, after President Donald Trump threatened to escalate a trade war between the world's two largest economies.

Business Highlights

___ US-China deal seems dim but possible as talks stay on track BEIJING (AP) — President Donald Trump's new threat to escalate tariffs on Chinese goods has clouded prospects for a trade agreement, though preparations by Beijing's envoys to still visit the United States this week are buoying hopes for some breakthrough to end the trade war between the world's two largest economies.

Anadarko, Sysco rise while Boeing, PetMed fall

Stocks that moved substantially or traded heavily on Monday: Anadarko Petroleum Corp., up $2.77 to $75.49 Occidental revised its bid for the oil company by raising its cash portion of the offer to $59 from $38 per share.

A grim preview of a trade war takes shape

U.S. companies that do a lot of business in China are getting hit hard in early trading after President Donald Trump threatened more tariffs with trade talks between the world's two biggest economies faltering.

Buffett says trade war with China would be bad for world

Warren Buffett says it's hard to know how a trade war between China and the United States would affect the economy if President Donald Trump follows through on his latest tariff threat because so many other countries are affected.

The Latest: Shares dive as Trump tweets rattle investors

The Latest on reaction to President Donald Trump's threat to raise tariffs on imports from China to 25% as of this coming Friday (all times local): 12:30 p.m. Chinese share benchmarks have plummeted more than 5% as threats by President Donald Trump to raise tariffs in the trade war with Beijing raised doubts over the likelihood of a deal between the two biggest economies.