Markets Plunge Again As Trump Raises China Tariff To 145%

Trump conceded that there may be “transition problems” with his trade policies but said his team is “working on deals” with countries. Stocks tumbled after the White House clarified its tariff on all Chinese goods is at least 145% — even higher than previously believed. And the market for US Treasuries is again showing signs of distress. Learn more about your ad choices. Visit podcastchoices.com/adchoices