Trade War Frenzy

President Donald Trump’s sweeping tariffs against the majority of U.S. trading partners, including China, who is retaliating. The Dow, S&P 500 and Nasdaq are under pressure.
U.S. stocks tumbled on Thursday after Donald Trump announced his latest plan for tariffs, sparking fears of a global trade war.
Federal Reserve Chair Jerome Powell said at a conference Friday that President Donald Trump's tariffs are likely to increase inflation and slow economic growth, saying the central bank will do what it can to keep long-term inflation low.