U.S. President Donald Trump’s big raise in tariffs has triggered an escalating trade war and sent global markets plummeting.
The S&P 500 fell 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%.
China announced Friday that it will impose a 34% tax on all U.S.
The Latest: Trump’s tariffs unleash trade war and calls for negotiations comes via ChinaTechNews.com.