Markets

Wall Street Review: Stocks Sell Off Amid Renewed US–China Trade Tensions

Trump said the United States will impose 100 percent tariffs on Chinese goods, plus export controls on critical software.
Wall Street Review: Stocks Sell Off Amid Renewed US–China Trade Tensions
Traders work on the floor of the New York Stock Exchange on Oct. 7, 2025. Timothy A. Clary/AFP via Getty Images
Panos Mourdoukoutas
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Equities ended the week in the red after late-week U.S.-China tariff tensions prompted investors to unload popular trades.

Meanwhile, worries that a prolonged government shutdown could weigh on the economy shifted market sentiment from positive at the start of the week to negative by the end. What seemed like another winning week for the bulls—fueled by a flurry of corporate deals—turned into a field day for the bears.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”