Market Tanks — and Uber and FAANG Stocks Fall — After China’s Trade Retaliation

Stock prices fell hard today after China announced retaliatory tariffs on $60 billion of American exports to the country today. Higher U.S. tariffs on $250 billion of Chinese imports when into effect last Friday. The market, clearly expecting a trade agreement between the world’s two biggest economies, had its worse day since early January.

Source: Market Tanks — and Uber and FAANG Stocks Fall — After China’s Trade Retaliation

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