Trade War

On Monday, President Trump claimed China had agreed to remove tariffs on U.S. autos.

TD Ameritrade CEO Tim Hockey tells FOX Business that growing trade confusion between China and the U.S. is driving Wall Street’s fear index to its highest levels in six months.

Commerce Secretary Wilbur Ross said the trade dispute between the U.S. and China biggest challenge is stopping Beijing from stealing America’s intellectual property.

U.S. equity futures rose Wednesday after Beijing said it would meet the 90-day deadline set by President Trump and Chinese President Xi Jinping last weekend.

Investors became more skeptical on Tuesday over whether the U.S.-China trade agreement, reached at the G20, will produce actual results.

Stocks slammed from all sides on trade and bond market fears.

If Beijing offered the U.S. zero tariffs on autos, it would have to do so for every other country in the WTO as well.