Trump starts trade war but also blinks first

CNBC Daily Open: Trump starts trade war but also blinks first

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KEY POINTS
  • U.S. Treasury Secretary Scott Bessent said Wednesday that “there is an opportunity for a big deal here” on trade issues between the United States and China.
  • Tech giant Google is demanding that some remote employees return to the office if they want to keep their jobs
  • A dozen states sued President Donald Trump and his administration Wednesday, seeking a court order declaring that his new tariffs on foreign imports are illegal.
  • Stocks rose Wednesday on hopes that U.S.-China trade tensions could soon ease.
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