Struggle. Little sign of progress between the u. S. And china. They agreed to talk again in september. In a clear sign of american frustration, the president threatened to impose tariffs and 300 billion of additional chinese goods. This time the tariffs would hit not just industrial goods, but highprofile products American Consumers love including cell phones and other electronics. China responded by depreciating its currency to make its exports cheaper around the world. And by declaring it would suspend purchases american agricultural products. Then, President Trump responded to that by formally declaring china it currency minutes later under american law. The Financial Markets are worried. The u. S. Stock market suffered through its worst day of the year on monday. Its rebounded since but theres been a lot of volatility in the stock market and the bond market as investors decide where this is going and how much it might affect Economic Growth in the months to come. All of this raises
Progress between the u. S. And china. They agreed to talk again in september. In a clear sign of american frustration, the president threatened to impose tariffs and 300 billion of additional chinese goods. This time the tariffs would hit not just industrial goods, but highprofile products American Consumers love including cell phones and other electronics. China responded by depreciating its currency to make its exports cheaper around the world. And by declaring it would suspend purchases american agricultural products. Then, President Trump responded to that by formally declaring china it currency minutes later under american law. The Financial Markets are worried. The u. S. Stock market suffered through its worst day of the year on monday. Its rebounded since but theres been a lot of volatility in the stock market and the bond market as investors decide where this is going and how much it might affect Economic Growth in the months to come. All of this raises crucial questions nearin
Struggle. Little sign of progress between the u. S. And china. They agreed to talk again in september. In a clear sign of american frustration, the president threatened to impose tariffs and 300 billion of additional chinese goods. This time the tariffs would hit not just industrial goods, but highprofile products American Consumers love including cell phones and other electronics. China responded by depreciating its currency to make its exports cheaper around the world. And by declaring it would suspend purchases american agricultural products. Then, President Trump responded to that by formally declaring china it currency minutes later under american law. The Financial Markets are worried. The u. S. Stock market suffered through its worst day of the year on monday. Its rebounded since but theres been a lot of volatility in the stock market and the bond market as investors decide where this is going and how much it might affect Economic Growth in the months to come. All of this raises
He will make the case why this is the exact right move. He will be with us in a few minutes. President trump making headlines by pulling the u. S. Out of the reagan era Nuclear Treaty with russia, saying they quote, made no efforts to comply. Well break down the tallout with another major Foreign Policy decision. All that and so much more on making money. Charles well the markets are sharply lower after President Trump says a new round of tariffs on 300 billion in chinese imports will go into effect on september first, renewing trade fears on wall street. The president says china is pulling back from the parts of the deal the two countries agreed on three months ago. Now china threatening to slap back with their own retaliation. Go to Edward Lawrence live at white house with the latest. Reporter charles, president following through with the threat, september 1st the additional deadline for the tariffs. The chinese upping the ante. In fact the chinese say they will impose countermeasure
Progress between the u. S. And china. They agreed to talk again in september. In a clear sign of american frustration, the president threatened to impose tariffs and 300 billion of additional chinese goods. This time the tariffs would hit not just industrial goods, but highprofile products American Consumers love including cell phones and other electronics. China responded by depreciating its currency to make its exports cheaper around the world. And by declaring it would suspend purchases american agricultural products. Then, President Trump responded to that by formally declaring china it currency minutes later under american law. The Financial Markets are worried. The u. S. Stock market suffered through its worst day of the year on monday. Its rebounded since but theres been a lot of volatility in the stock market and the bond market as investors decide where this is going and how much it might affect Economic Growth in the months to come. All of this raises crucial questions nearin