The stock market slid downward in reaction.
Thursday after trade talks between Washington and Beijing stalled, with the Dow Jones Industrial Average losing a 300-point gain in response.
The 10% tariff will apply to $300 billion of Chinese goods. $250 billion of Chinese goods are already under a 25% tariff by the U.S.Trump said trade talks between the U.S. and China are continuing, but criticized Chinese president Xi Jinping for not buying “large quantities” of U.S. agricultural products and failing to stop fentanyl sales.
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