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Wall Street Dips As Trump Threatens To Increase Chinese Tariffs

Credit: Wochit News
Published on May 6, 2019 - Duration: 00:47s

Wall Street Dips As Trump Threatens To Increase Chinese Tariffs

Reuters reports U.S. stocks across the board posted declines on Monday after President Donald Trump threatened to raise Chinese tariffs.

Trump said Sunday that he would increase tariffs on $200 billion worth of Chinese goods from 10% to 25%.

In February, Trump said the tariffs would remain at 10% as the two nations continued to make progress on trade talks.

China said on Monday that a delegation still plans to go to the United States for further talks.

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Wall Street Dips As Trump Threatens To Increase Chinese Tariffs

POOL PHOTO FILE PHOTO TAKEN WEDNESDAY, MAY 1, 2019, a jan.

31, 2019, file photo

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