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!
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