Markets tanked on Trump's latest threat to increase tariffs on Chinese goods. Here's what five experts say investors should watch for next.
Stocks fell sharply earlier in the day following the president's announcement that the U.S. will impose a 10% tariff on $300 billion in Chinese goods starting Sept. 1.
U.S. President Donald Trump speaks to the media about the Mueller report before departing from the White House on July 24, 2019 in Washington, DC.Stocks fell sharply earlier in the day following the president's announcement that the U.S. will impose a 10% tariff on $300 billion in Chinese goods starting Sept. 1.
"This can be lifted in stages or it can be taken off," he said. "We are starting at 10% and it can be lifted to well beyond 25%, but we're not looking to do that necessarily. But this would be done in stages."
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