Wall Street Edges Higher as Trade War Tensions Ease<br />Top Trump administration officials are now asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms<br />and buy more U. S.-made semiconductors to avoid tariffs and a potential trade war.<br />(Reuters) - U. S. stocks ticked higher on Tuesday, building on strong gains from the previous<br />session amid easing fears of a trade war between the United States and China.<br />White House trade adviser Peter Navarro confirmed that Trump has asked Treasury Secretary Steven Mnuchin<br />and U. S. Trade Representative Robert Lighthizer to try to resolve trade differences with China.<br />Global markets were rattled last week after President Donald Trump moved to impose tariffs on Chinese imports<br />of up to $60 billion, adding to the import restrictions already placed on solar panels, steel and aluminum.
