US card firms slide as China's retaliatory tariffs deepen spending slowdown fears
ReutersApr 4, 2025 11:00 AM
Shares of U.S. credit card firms fall in premarket trading as China imposes additional tariff on U.S. goods in escalating trade war
Payment firms face the risk of weak credit card spending, as consumer confidence is expected to take a hit from economic uncertainties stoked by the trade war
American Express Co down
The selloff comes after AXP fell 10% on Thursday, MA fell 3.1% and V fell 2%
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