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The trade war is back: Trump announces new tariffs on China after threats sent stocks plunging
Yahoo Finance·2025-10-11 05:18

Stocks plunged on Friday after Trump revived fears of the trade war with China. The president said he would consider a "massive increase" in tariffs on China. Later, he announced said tariffs. Investors are concerned that a trade deal with Beijing could be in jeopardy. US stocks sold off on Friday after President Donald Trump threatened to revive the trade war with China. The S&P 500 saw its steepest loss since April. In an initial post on Truth Social, the president said he believed China was "bec ...