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China Tariffs, Uber IPO, Viacom, Symantec and Wynn - 5 Things You Must Know

Joseph Woelfel

U.S. stock futures were down modestly on Friday as investors reacted to Donald Trump's decision to increase tariffs on China-made goods in the steepest escalation of the ongoing trade war between the world's two biggest economies. China's Commerce Ministry vowed retaliation, saying in a statement Friday that unspecified countermeasures would be deployed following the "disappointing" decision by the U.S. But the two-week window, as well as the fact that China's Vice Premier Liu He remains in Washington for a second day of talks with top U.S. trade officials, lifted global sentiment.