Stock Markets Have Been Looking for the Next Big Risk. They May Have Found It.

President Donald Trump's threat of "massive†China tariffs, as well as suggestions that he'll cancel a planned meeting with president Xi Jinping, has the potential to quickly escalate the simmering trade war between Washington and Beijing and test the market's impressive autumn rally heading into next week's third-quarter reporting season. Trump's tariff threat, and that of the "many other countermeasures†he said were currently under consideration, follows a series of tit-for-tat salvos in the ongoing U.S.-C ...