Stocks slide after Trump threatens more tariffs and bank earnings disappoint

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The US and China agreed to resume trade talks after President Trump met with President Xi Jinping at the Group of 20 Summit in Japan last month.

were pulled down on Tuesday by another letdown in bank earnings and President Trump's renewed threats to continue the trade war with China.

President Trump said the US and China could be a long way off from reaching a trade resolution. He also mentioned the possibility of imposing tariffs on an additional $325 million worth of Chinese products.that some White House officials consider Sham a"hard-liner," and that his addition could lead to China taking a tougher stance in trade discussions.fell by 0.09% to 27,335.63JPMorgan, Wells Fargo, and Goldman Sachs reported second quarter financial results on Tuesday.

 

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The stock market has risen and fallen since it's beginning, its a normsl ebb and flow.

More tariff's only cost everyone more and serve little as leverage on China POTUS /realDonaldTrump ! Attn: GOP , WhiteHouse , CommerceGov

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 /  🏆 729. in PT

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