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%.
Premium+ Defense is live 
We’ve launched Defense! Our newest Premium+ coverage area takes you deeper into this rapidly evolving industry. From defense tech to appropriations, national security strategy, the military’s role domestically, aerospace and more, Punchbowl News Defense will be your go-to read.
Sign Up For the Defense Newsletter Now!
We’ve launched Defense! Our newest Premium+ coverage area will dive deep into congressional policymaking in defense, national security and aerospace and how this work intersects with initiatives at the Pentagon and White House.
Learn more about the benefits of a Premium+ Defense subscription
