Tariffs threaten market-leading tech, consumer stocks

NEW YORK (Reuters) – U.S. technology and consumer discretionary stocks have been insulated from global trade tensions, but if another round of U.S. tariffs on Chinese goods goes into effect, even those high-flying sectors could come down to earth.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 7, 2018. REUTERS/Brendan McDermid

The United States and China have already imposed tariffs on $50 billion worth of each other’s goods. The White House has proposed tariffs on an additional $200 billion worth of Chinese imports, including…

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