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Trump reacts to China’s 34% tariff move

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NBC News |
China on Friday announced a 34% tariff on all products imported from the U.S., escalating the trade war between the world’s two biggest economies.
Reuters |
"It's an all-round blockade against China," said Yuan Yuwei, hedge fund manager at Water Wisdom Asset Management, who said he was bullish on gold and shorting China and Hong Kong stocks as a result.
Wall Street Journal |
The market selloff continued Friday, with the China retaliation and recession fears pushing investors to sell stocks and hide in the safety of government bonds.

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