Dow plummets after China retaliates with higher tariffs

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The Dow plunged after China said it will raise tariffs in retaliation to last week’s tariff increase by the United States. China hiked tariffs on $60 billion of imports from the United States. It first imposed the tariffs last year. Worries over the escalation of the trade spat with China just aren’t going away. #CNN #News

Comments

Boof says:

Its bad right now, temporarily. Give it a minute, let it backfire on China and you’ll see it benefit the US

polite critique says:

Bible says Islam is the true religion

US MARINE says:

Trump Bankrupt himself 6 times , his casinos, colleges, businesses, all failed …he will destroy America as well…this mad man is a loser, failure, racist. Bigot and a hate mongering old ugly fool..

VAN月 says:

World war iii is coming and all currencies will lose their value, so stock up on bottle caps.

Mike070405 says:

Stupid dumbass racist Americans voted for this idiot. They hated Obama and this was their retaliation. Stupid racists NEVER WIN!

MST3Killa says:

OMG, IT PLUNGED 800 points!!! (Then bounced up 300 again.) DJI was pretty much at 18,000 when Trump took office… it's at 25,300 today. The Dow is fine.

shop cars says:

I wonder why CNN isn't reporting that the Dow is up today the same way they reported it was plummeting after the presidents tariff increase. FAKE(BIAS) ONE WAY NEWS.

Trumpy Bear says:

I see they report the market going down but I don't see them reporting the market recovery the next day. Huh

Comrade Stalin says:

Trump: China shouldn't retaliate with tariffs
China: I am inevitable

yujil da says:

dont worry,chinese are much smarter than muricunts,theyr retaliating specifically against the red states,those redneck trailer trash inbred states,their farm products arent selling in china,for those states who didnt vote for trump,u shudnt worry

yujil da says:

pinkskin americunts want war,we bring them war

sui Feng says:

The American people will have a better life if the U.S. government develops its military expenditure on invading other countries. When China produces cheap goods, Americans spend less money to buy them. Is that normal trade, or are Americans willing to pay more than three times the price for American-made goods? It's not China that robs Americans of their jobs. It's the black hand behind the U.S. government that spends money where it shouldn't.The American people can think in a different way. Trump and other interested companies are trading stocks. They can make a lot of money no matter what they do.

Brajesh Singh says:

there appears to a bit of posturing here by President Trump. But he has cornered China very well.

Tony Ridgway says:

All the stock in Trump stores is made in China.. LOL

Sapper201D says:

Nobody listened to this dude while he was a candidate. He told you his plans. The cheaper wages. The tear down of unions. Even his sacrifice of civil liberties in the name of national security. What did his supporters do. Voted him in anyway. This ride will be fun. But only only for those used to having nothing already. Buckle up kids!

RFI-Crypto Lab says:

One man doesn't control everything.

dee MAVERICK says:

Good!!!! Every thing trump touches turn to shit.

trump is the dumbest white man on earth. Big belly fat ass dummy.

Mark Woodworth says:

Why doesn't the world just do what trump tells them to (China don't retaliate!)? Oh, that's right, because he is an idiot! He claims to be such a great business man, but bankrupts every company he works with. Problem is, the current "company" he is working with, is the USA! Hope everyones retirement plans are in order, he's coming for them next!

Wayne T says:

Trump is intent on destroying the US Auto industry. I don't know why he hates them so much. The thing is that Kudlow says that China will be hurt. Ok, but the leader of China does not have to be elected and he is a dictator. If some people in China are hurt….so what? Anyway, congrats to USA, your president is brain damaged.

OhPlease a says:

This is happening way too often. People should look into the matter if the inner circle of private dump arent betting against the market. The response of the stock market is so predictable that it would not surprise me that the republicans will benefit of this. They will take money over anything, so this would explain why they looooveee the criminal in the white house. They are criminals themselves.

Paul Ramsey says:

We are all losers in a trump world. F all the maga'ts who voted for him.

Steve Johnson says:

This isn't a trade war — it's a donald dump stupid toy war. The citizens will have to pay a lot more, and get no benefit.

Toochie Toochie says:

The biggest loser is going to ruin a lot of American businesses

Joel Yan says:

War is a private Central Banker's richest harvest. Are you ready to send your children off to die for this next war America? If so, rest well knowing the same financiers will grow even more wealthy selling weapons to kill common American and Chinese citizens alike.

tim wathen says:

THE STOCK MARKET PLUNGING IS BETTER THAN CONTINUTING TO APPEASE THE CHINESE GOVERNMENT IN THEIR 500 BILLION RIP OFF PER YEAR FOR THE LAST 30-40 YEARS. A ONE WAY STREET, NOT FAIR TRADE AGREEMENT, TRUMP IS RIGHT, NOW OR NEVER ON MANY FRONTS, INCLUDING HONESTY AND INTEGRITY IN OUIR GOVERNMENT….

Rebecka Ann Souza says:

Put it simple China goods have taken over America along time ago……what a lovely Presendent!!!!

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