Dow sinks 400 points as Donald Trump responds to fresh tariffs from China

Stocks fell sharply on Wall Street on Friday after President Donald Trump called on US companies to consider alternatives to doing business in China. He also said he would respond to Beijing’s latest tariff increase.The Dow Jones Industrial Average sank more than 400 points after the president made the announcements on Twitter.Trump also said he was “ordering” UPS, Federal Express and Amazon to block any deliveries from China of the powerful opioid drug fentanyl. The stocks of all three…

Source link

Related posts