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Stocks Plummet After Trump Vows Retaliation: China's Latest Tariffs

Video Credit: Wochit News - Duration: 00:34s - Published
Stocks Plummet After Trump Vows Retaliation: China's Latest Tariffs

Stocks Plummet After Trump Vows Retaliation: China's Latest Tariffs

Stocks spiraled downward on Friday after President Trump tweeted the US would retaliate against China's latest round tariffs.

Markets began the day lower after China announced it planned to impose tariffs on $75 billion worth of US products before the open.

Those losses were pared prior to Trump's comments, after Federal Reserve Chairman Jerome Powell didn't rule out further rate cuts this year during his speech at the central bank's annual symposium.

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Donald Trump Donald Trump 45th president of the United States

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Chair of the Federal Reserve Chair of the Federal Reserve American government office


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Avid Commentator 🇦🇺 @sunchartist Eventually the market will plummet right after Trump tweet trying to pump stocks Its just about picking the right one 3 days ago


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