Dow closes down over 600 as Trump, China argue over tariffs

  • 📰 ABC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Dow closes down over 600 points after China said it would raise tariffs on roughly $60 billion worth of U.S. imports as retaliation for additional tariffs on Chinese goods.

The Dow was down 617 points at closing on Monday afternoon after China said it would raise tariffs on roughly $60 billion worth of U.S. imports as retaliation for additional tariffs on Chinese goods.

Shortly before markets opened Monday, China announced it would implement the new tariffs starting June 1. ..There will be nobody left in China to do business with. Very bad for China, very good for USA! But China has taken so advantage of the U.S. for so many years, that they are way ahead . Therefore, China should not retaliate-will only get worse!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TheView

TheView

Don't worry. Don't worry. Wall Street info is only for corporations and the wealthy. The government will always help them out. The only people it will affect is the American taxpayer.

TheView Isn't it odd Trump announced tariffs on $200 billion, and the whole week market was up and down to even. And China's tariffs on only $60 billion dropped the market by greedy wallstreet mega millionaires.

Really,this a very bad thing.China produces most of what we use or components or elements.Trump is killing us....

7NY Good time to buy stocks

We're willing to go thru a little tough times, to get Our Country back and Stop kneeling down to China and others that have taken advantage of us and stealing from us for Far Too Long!! Go President Trump!! 'Bout time we Had a President with Balls!

Meanwhile, the ChinaTariffs are costing the avg family of four $767. 00 per year! Tired of 'winning' yet? maga? 😂😮

Reps can't comprehend this was coming......

TheView Demented Donald is going off the rails people!! His steel& aluminum tariffs cost my husband a job of 19 year from an international company in the automotive Industry..prior to his administration this company had the best 5 years projected ever, now doors are closed.

7NY 60 BILLION goes towards China, yet China dumps so much more into our shores, yet they are crying. Cause they had it so GOOD for so LONG, what else do you think the response would be. They are an untrustworthy nation to the 9s

Trump at his best again!!! This is just the beginning of an economic breakdown to come!

TheView Our farmers need relief President Trump! Many are loosing their farms and commuting Suicide!

7NY But according to TrumpFace, China pays for everything, the cost is not pushed onto the merchants or the consumer. Those fee increases are Fake News!! You’re paying for the Libs Fake Machine!! and and and for Hillary’s Emails!! and and and the Fake Arrests of Trumps henchmen’s

7NY That's what we get 4 being so dependent on China. America the great? HA! More Like America... 🤔🤔🤔🤔🤔🤔🤔🤔🤔 AMERICA THE NEEDY One DEPENDING ON CHINA & SAUDI & ALL THAT JAZZ. Think! Think! Think!

TheView Omg look how great America is 🙄

TheView Remember this at The Polls 2020!!!

TheView And we the people of America pay the price. We pay the higher prices, not China.

TheView Welcome to ego’s winning economy. We will be so tired of winning, said potus. Seriously... kick him to the curb by voting. Your vote counts.

Block the China ! Boycott China! We don’t want any items from them

TheView Buy American - Made In The USA and you want have to worry about tariffs coming our way. Farmers have become dependent on a Global Market though - selling to the Chinese. Can't feel sorry for businesses who went overseas for cheaper labor.

TheView 🤦🏽‍♂️💯

No tax refund. Now higher commodity prices in the future. Genius supporters.

really could care less about China's human right abuses,I care about them dumping products in our economy and restricting their markets

Thanks, orange Dotard!

COVFEFE bigly! Yay!

The Dow is way too high right now. Needs a downward correction.

Make shit in America and we wouldnt have this problem. Blame it on the greed of folks like chump.

I can't take all this 'winning'...😂😂😂...😕

BrokeahontasIsAnIdiot 🤦‍♂️🤦‍♂️

I love these pics of the guy with his head down holding his this on file when the market drops.

Only the beginning! MondayReport

Good to see how easy trade wars are so easy to win,

Great news! Hopefully people will finally open their eyes and see Trump for what he is...a fraud

Who cares?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow plunges 600 points as China hits U.S. with $60B in tariffs in response to TrumpDEVELOPING: Dow falls almost 500 points Monday, as China retaliates by slapping tariffs on $60B in US goods. Smoot-Hawley is looking rather apropos.... God help us. This is what happens when all the other countries know you’re a joke of a president. POTUS this could have been done in private. but the spectacle of a trade war had to wipe out many people's wealth. ridiculous. how much leverage do people actually think the US has...
Source: NBCNews - 🏆 10. / 86 Read more »

Dow drops more than 600 points, posts worst day since January as China trade war escalatesIt was a brutal day on Wall Street, with plenty of carnage to go around. The Dow closed more than 600 points down, and had shed more than 700 points at its lowest point during the day. The Nasdaq saw its worst day of 2019. good Meanwhile on Cryptostreet ... EconomicTerrorist OrangeIgnoranus
Source: CNBC - 🏆 12. / 72 Read more »

Reuters Top News @ReutersDow down more than 600 points on trade pressure MAGA! stupidity Here ya' go realDonaldTrump More FakeNews I presume? LoserTrump
Source: Reuters - 🏆 2. / 97 Read more »

Dow plunges nearly 600 points as investors fear escalating trade war threatens economyWall Street recoiled Monday as Beijing promised to impose steep tariffs on $60 billion in U.S. goods. The Standard & Poor’s 500 index also was off significantly at the opening bell. realDonaldTrump America First? If there is no second, there is no first... And it's all by choice. Insanity. . DuhnaldTrump PUTINtrump2020 MAGA=ManipulatingAmericasGullibleAspirants GOP=GuzzlingOrangePiss .
Source: washingtonpost - 🏆 95. / 72 Read more »

Cnbc @CNBCWATCH: Dow plunges 600 points as market sell-off accelerates. Very sad Good ATH tomorrow at 12
Source: CNBC - 🏆 12. / 72 Read more »

Here's why the Dow dropped 600 points todayThe Dow is having its worst day since January 3. The index is down nearly 600 points, falling below 26,000 points. Instagram is down But... But... trade wars are easy to win... Don’t be scarred
Source: CNN - 🏆 4. / 95 Read more »

Dow Extends Decline to More Than 600 Points as Trade Tensions Buffet MarketsU.S. stock declines deepened, with the Dow falling more than 600 points, as investors reacted to a growing likelihood that the White House will follow through on threats to enact tariffs on Chinese goods. But I don’t think there are enough — even on the conservative side of the aisle here — who understand how to properly talk about this, because there’s so much eagerness to criticize Trump. - Rush Limbaugh Thanks Trump for thanking the market. Hmmm. Just trust Trump. Not like he has a history of bankrupting businesses or anything.
Source: WSJ - 🏆 98. / 63 Read more »

Dow plunges as Trump, China argue over tariffsThe Dow drops over 450 points following an ongoing back-and-forth on tariffs between Pres. Trump and China. And so it begins I hope when theres a Dem president again we can unilaterally crash the fossil fuel and coal markets in this country to subsidize electric vehicles wind turbines and solar panels... America First!
Source: ABC - 🏆 471. / 51 Read more »

Dow ends the day positive after Mnuchin and Trump call China talks 'constructive'The Dow bounced back from its earlier losses on Friday after Treasury Secretary Steven Mnuchin and President Donald Trump characterized talks with Chinese negotiators as 'constructive.' But the trade turmoil this week still gave the index its worst week since March. Lies by the both of them I’m sure. CNN Friday ended DOW 25,942.37 and that's very fnckin' good. Anyone who would believe either of these two criminals needs mental health help
Source: CNN - 🏆 4. / 95 Read more »

Dow tumbles nearly 400 points after Trump claims China ‘broke the deal’Stocks continue to tumble Thursday as investors worry over the threat of higher tariffs. It’s ALWAYS someone else’s fault when anything goes astray, but the opposite when good. The “man” is a con man fool and anyone believing in him at all is as well. Folks, Trade Wars are easy to win. - Stable Genius 1
Source: MarketWatch - 🏆 3. / 97 Read more »

As Trump fights with China over trade, U.S.-China economic relationship already being redefinedThe trend of U.S. companies serving Chinese consumers with products made in China could pose a significant challenge to Trump’s “America First” agenda Whose side is WAshington Post on: America's or China's? it seems like China's. Boycott China. Even Chuck Shummer agrees. Paradise Lost - Trump
Source: washingtonpost - 🏆 95. / 72 Read more »