Stocks Sink After President Trump Announces New Tariffs on China

WikiFX

| 2019-08-02 01:45

Abstract：Amidst a recovery rally from Wednesdays selloff, President Trump announced an additional round of tariffs on goods coming into the United States from China as stocks dived.

Stock Market Update:

President Trump announced the United States will put an additional tariff of 10% on remaining $300 billion of Chinese goods
In response, the S&P 500 and Dow Jones sank over 1% as trade wars rocket to the forefront of investor concern once again
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Stock Market Update: Stocks Sink After President Trump Announces New Tariffs on China

Stocks sank after President Trump announced the United States will implement further tariffs on Chinese goods entering the US. Check back here as the story develops…

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