, Columnist
Growth Stocks Are on the Firing Line in the Trade War
Some of the country’s biggest companies, which generate much of their revenue overseas, are under increasing stress.
The bull market is in their hands.
Photographer: Saul Loeb/AFP/Getty Images
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Investors in U.S. growth stocks have been richly rewarded in recent years, but their fortunes are set to turn if President Donald Trump can’t resolve his trade disputes.
Bloomberg News reported on Wednesday that China and the U.S. had wrapped up three days of trade talks and “expressed optimism that progress had been made.” For Trump, that’s a clear departure from his usual tough talk on trade.