Sell-off worsens worldwide and Dow drops 1,300 after China retaliates against Trump tariffs
Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war.
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Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war.
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Tesla Inc.’s sales started slowing even before Chief Executive Officer Elon Musk really threw his weight around in US politics. Since he’s taken a starring role in the Trump administration and become a cheerleader for Europe’s far right, the company’s fortunes have taken a turn for the worse.
China hit back with a stiff import tax on U.S. goods as countries and industries around the world weighed their responses to U.S. President Donald Trump’s latest tariff hikes that are roiling global trade and world markets.
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