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The president is now threatening an additional 50% tariff on Chinese imports, which would bring China’s tariff level to approximately 104%.

A manic market Monday

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%.

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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by Duke Energy

Every day at Duke Energy, we’re focused on keeping prices low and supporting growing energy needs across our footprint. From enabling modern energy infrastructure investments to accelerating technology advancements, our progress will not be slowed.

 

Get the full picture