Escalating trade war pushes stocks to worst week of 2019

Escalating trade war pushes stocks to worst week of 2019

5 years ago
Anonymous $9jpehmcKty

https://apnews.com/626cb98871a043699f6a8cf53bd1cd0c

NEW YORK (AP) — An escalating trade war between the U.S. and China pushed stocks lower for a fifth straight day Friday on Wall Street and put the market on track for its worst week of the year.

The U.S. pulled the trigger on higher tariffs on $200 billion worth of Chinese goods even as both sides continued to negotiate. President Donald Trump said in a tweet Friday morning that "there is absolutely no need to rush" on making a deal.