U.S. stocks slid Friday, heading for their worst week of the year after tariffs on $200 billion of Chinese goods rose and President Trump threatened to impose additional levies on almost all China exports to the U.S.
The S&P 500 fell 0.9%, following drops the previous four days. The broad equity gauge is down 3.4% for the week and on pace for its largest weekly decline since Dec. 21 but still up 14% for the year.
An over reaction
CHAPTER 11 USA brought to you by Trump International.
They’ll rebound / it’s time companies aren’t making money off of US govt subsidized tariff agreements.