Wall Street is calling Trump’s bluff | CNN Business

New York CNN  — 

President Donald Trump is threatening to revive his trade war. Wall Street isn’t too concerned.

Global markets were relatively calm Tuesday after Trump on Monday ratcheted up his tariff campaign — but extended the deadline to August 1 and said he was open to negotiations. That provided a sense of optimism for investors.

Stocks across Asia — including in Tokyo, Seoul, Hong Kong and Bombay — opened higher on Tuesday. US stocks opened mostly higher: The Dow fell 57 points, or 0.13%. The S&P 500 rose 0.05% and the tech-heavy

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