India  
NewsR.in
newsR > News Videos > Stocks Plummet After Trump Vows Retaliation: China's Latest Tariffs

Stocks Plummet After Trump Vows Retaliation: China's Latest Tariffs

Video Credit: Wochit - Duration: 00:34s - Published < > Embed
Stocks Plummet After Trump Vows Retaliation: China's Latest Tariffs

Stocks Plummet After Trump Vows Retaliation: China's Latest Tariffs

Stocks spiraled downward on Friday after President Trump tweeted the US would retaliate against China's latest round tariffs.

Markets began the day lower after China announced it planned to impose tariffs on $75 billion worth of US products before the open.

Those losses were pared prior to Trump's comments, after Federal Reserve Chairman Jerome Powell didn't rule out further rate cuts this year during his speech at the central bank's annual symposium.

Stocks tumbled on Friday after President Trump unleashed a flurry of tweets threatening to amplify the trade war in response to China's latest round of tariffs.

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2020 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest