Goldman Sachs Gains Confidence In Market Rebound, Upgrades GE Healthcare Amid China Recovery Hopes

Last week, U.S. President Donald Trump vowed to impose a 25% tariff on imported goods from Mexico and Canada and to double tariffs on those from China to 20%.China responded to Trump’s recent tariff hikes by placing its own tariffs on certain U.S. goods, sanctioning American companies, and planning to file a complaint with the World Trade Organization.China also banned imports of genetic sequencers from Illumina Inc ILMN.Also Read: Why Is GE HealthCare Stock Trading Soaring On Thursday?Goldman Sachs has gro ...