Tariffs

Thomas Peter/Pool Photo via AP, File
June 15, 2018 - 8:23 am
Vowing to cut U.S. trade deficits and protect the nation's high-tech "crown jewels," President Donald Trump said Friday he's levying a 25 percent tariff on up to $50 billion worth of Chinese imports, instantly escalating a trade dispute between the world's two largest economies.
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Wall Street
Antonprado | Dreamstime.com
Andy Giersher
March 01, 2018 - 5:39 pm
CHICAGO (WBBM NEWSRADIO) -- Stocks closed sharply lower Thursday after President Trump promised stiff tariffs on steel and aluminum imports. The S&P 500 dropped 36, the NASDAQ lost 92 and the Dow Jones Industrial Average shed over 420 points, settling to 24,608. "I think this is a sell-off that...
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