Trump’s Tariff War Tanks Stock Market Even Further
Government
The Dow Jones plunged more than 2,000 points, or 5.1 percent, Friday as investors reacted to China’s retaliatory tariffs. The drop-off followed a 1,679-point decline the day before. Beijing’s Commerce Ministry announced it would impose a 34 percent tariff on imports of all U.S. products as soon as April 10, matching the 34 percent tariff that Donald Trump announced he would impose on Chinese imports as part of his “Liberation Day” tariff strategy. Despite publicly celebrating the enforcement of
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