U.S. stocks plunge on trade-war fears Unlisted Video

According to Business Insider, US stocks plummeted in early trading on Monday after China announced plans to retaliate to the duty increases that the US imposed last week on Chinese goods.
The apparent collapse of trade talks last week heightened fears surrounding the two countries' trade war.
On Monday China said that as of June 1 it would raise duties on about 5,000 US products — valued at about $60 billion — to levels as high as 25%, according to The Guardian.