NewsWatch: How Trump’s European auto tariff proposal could backfire


President Trump keeps threatening Europe with stiff tariffs on auto imports if they don’t drop unspecified trade barriers, but it’s not clear the risks are worth the reward. Relatively few European-made cars are actually sold in the United States. See full story.

Stocks poised to start the third quarter on a sour note as trade concerns fester

U.S. stock-index futures point to a lower open on Monday, suggesting the third quarter of 2018 would open on a negative note as investors maintain a cautious posture amid escalating trade tensions between the U.S. and its major trading partners. See full story.

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