Uncertainty will loom over markets even if Trump doesn't follow through with his trade proposals, and the impact could drag on S&P 500 earnings, analysts say.

Trade tensions between China and the United States just keep ratcheting higher. In the latest tit-for-tat move, China’s commerce ministry on Dec. 3 said it would not permit the export of dual-use - military and civilian - items related to gallium,

General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in the world’s largest car market.

GM said it would write down the value of its joint venture with China's SAIC Motors by as much as $2.9 billion and incur restructuring charges.