NEW YORK (Reuters) – A gauge of world equity markets slid and the dollar traded near break-even on Wednesday over growing concerns about the latest U.S.-China trade talks and as the United States moved closer to raising tariffs on $200 billion worth of Chinese imports.
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 7, 2019. REUTERS/Brendan McDermid
Gold prices slipped as safe-haven demand eased after the White House said it had received an indication from China that it wanted a deal.
But the White House had nothing else to say and U.S. President Donald Trump said he would be happy to keep tariffs on Chinese imports in place.
The United States will raise tariffs to 25% from