on $300 billion worth of Chinese imports not yet subject to U.S. duties after setbacks in trade talks. The levy will go into effect Sept. 1. A total of $250 billion of China-made products are already subject to a 25% import charge. Peter Navarro had earlier called the talks this week in Shanghai “constructive.
Trump said he was “not concerned at all” about the markets’ negative reaction.as it works toward culling about 400 people from the division. The company has dismissed dozens of employees this week, including cash equities and equity derivatives traders, according to people with knowledge of the matter. Roughly 50 people have been cut at Citigroup’s New York office so far, and about 25 people are out in London, with more expected this year.
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