Trump doubles down on threat to impose MORE Chinese tariffs as stock markets around the world plunge

Trump doubles down on threat to impose MORE Chinese tariffs as stock markets around the world plunge and Wall Street suffers 450-point dropThe Dow Jones industrial average dropped 450 points at opening bell on Monday morning recovering slightly to a 270-point drop within the hourWorldwide selloff led by tech and industrial sectors came as President Trump threatened new tariffs against China amid stalled trade talksA Chinese delegation was scheduled to come to Washington for another round of negotiations this week but the trip was said to be in flux after Trump’s threatU.S. president signaled that he was losing patience with Beijing on SundayHe halted a promised increase in tariffs when he thought a deal was closeAnnounced that tariffs on $200 billion of goods will rise to 25 percent by the end of the work week and he will put those same tariffs 

The Dow dropped 450 points at opening bell on Monday morning as President Trump threatened new tariffs against China amid stalled trade talks.

A Chinese delegation was scheduled to come to Washington for another round of negotiations this week but the trip was said to be in flux as Beijing reacted to Trump’s ultimatum.  

Trump signaled that he was losing patience with Beijing on Sunday, having halted a promised increase in tariffs when he thought a deal was close at hand. 

He announced that tariffs on $200 billion of goods would rise to 25 percent by the end of the work week. 

The Dow dropped 450 points at opening bell on Monday morning as President Trump threatened new tariffs against China amid stalled trade talks

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