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Futures sink after U.S. advances $200B tariff threat against China


Futures are pointing to opening losses for the major averages after the U.S Trade Representative released a list of $200B more in Chinese imports that may become subject to 10% tariffs, as previously threatened. The list includes products across sectors including consumer technology, agriculture and auto parts and equipment and comes just days after the U.S. put in place $34B in tariffs on Chinese goods, which had been met with an immediate response from China. Data on the domestic economic calendar includes the Producer Prices Index for June at 8:30 am ET and a report on wholesale trade and…

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