Stocks are getting whacked as Trump moves toward an all-out trade war with China
President Donald Trump on Monday threatened an all-out trade war with China by announcing the possibility of tariffs on an additional $200 billion worth of Chinese goods. US stocks were set to tumble at Tuesday’s open the morning after President Donald Trump threatened an all-out trade war with China. The S&P 500 was set to open lower by about 1% after heavy overnight selling dropped China’s Shanghai Composite (-3.78%) to its lowest level in two years.
Source:: https://finance.yahoo.com/news/stocks-getting-whacked-trump-moves-111900872.html