Wall Street on Monday endured a frantic opening bell selloff, a false tweet rally and then more bad news from President Donald Trump on the trade war front. And that was all before noon.
Trump is refusing to give in on his reciprocal tariffs, a market collapse be damned. The president is now threatening an additional 50% tariff on Chinese imports, which would bring China’s tariff level to approximately 104%.
Punchbowl News Presents
Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.
Punchbowl News Presents
Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.
