Stocks are set for their third straight day of declines as the potential for a global trade war continues to simmer.

U.S. stock index futures were slightly lower on Tuesday as investors stayed away from risky assets after China deployed retaliatory tariffs against the world's biggest economy.

President Trump delayed tariffs on Mexico and Canada, but imposed 10% levies on China, prompting Beijing to retaliate. Follow along for live updates on stocks and markets, including the Dow Jones Industrial Average,

China has reiterated it could take “necessary countermeasures" after U.S. President Donald Trump decided to impose a 10% tariff on China for allegedly doing too little to stem the production of precur

As U.S. President Donald Trump's 10% tariffs on Chinese imports went into effect early Tuesday, Beijing responded with a swaft of retaliatory economic measures targeting American companies.

President Trump agreed to delay tariffs on Mexico and Canada, but went ahead with 10% levies on China

Tariffs are taxes on imported goods, typically paid by the importing businesses, which can then pass costs onto consumers through higher prices. The importing business could be an

Financial markets quickly reversed their initial moves following the latest tit-for-tat trade measures between the US and China, as the steps from Beijing seemed quite measured, analysts say.

China’s early response to new tariffs from the U.S. is “a more symbolic move for now,” Louise Loo, China lead economist at Oxford Economics, said in a report. The move to impose retaliatory tariffs of up to 15% on select American goods would raise the weighted effective tariff rate on U.