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Dow Drops 2.1% as Tariff Unexpected Return



USA and China play a game of chicken with trade – and there can be no winners.

The market had anticipated a trade agreement between the United States and China, so it was a little surprised when President Donald Trump threatened to increase tariffs. By the end of the week, as more details arose that China relied on previous promises, he followed that threat. The Dow Jones Industrial Average dropped 562.58 points, or 2.1%, to 25.942.37 this week, while the S & P 500 index fell 2.2% to 2881.40, …


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