The Hill: Finance Policy 4 April 2018

Dow sinks 500 points upon open as US, China issue new tariffs

Stocks opened with steep losses Wednesday morning amid an escalation of trade tensions between the U.S. and China.The Dow Jones Industrial Average opened close to 500 points lower Wednesday morning, a roughly 2 percent drop. The Standard and...

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McConnell ‘nervous’ Trump tariffs will hurt the country

Senate Majority Leader Mitch McConnell (R-Ky.) on Tuesday warned of a "slippery slope" regarding President Trump's trade policies, telling Kentucky business leaders that his home state could be harmed."Many of you are in agriculture, we...

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Survey: Execs voice more confidence after GOP tax overhaul

Financial executives in the U.S., Canada and Mexico are reporting increased confidence about the economy and their companies’ prospects following passage of the GOP tax law, according to a new survey from Deloitte.Ninety percent of chief financial...

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