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Home Market Research Business

Trump Adds 100% China Tariff After Stock Market Dives, But Doesn’t Do This; Oracle, Tesla, Taiwan Semi In Focus

by TheAdviserMagazine
9 months ago
in Business
Reading Time: 1 min read
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Trump Adds 100% China Tariff After Stock Market Dives, But Doesn’t Do This; Oracle, Tesla, Taiwan Semi In Focus
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The stock market sold off Friday as President Donald threatened “massive tariffs” vs. China over its tighter rare-earth export rules. Trump followed through, imposing an extra 100% tariff on China after the close. Stocks initially tumbled Friday night but slashed losses as Trump said he might still meet with Chinese President Xi Jinping later this month. Dow Jones futures will…



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