Market Overview

Trump Orders Postal Carriers To Search, Refuse All Deliveries Of Fentanyl From China

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Earlier Friday, China made an announcement that it will impose an additional 5% to 10% tariff rates to $75 billion worth of U.S. goods.

President Donald Trump later tweeted that the U.S. was "better-off" without China. He also claims he made an order to carriers such as FedEx (NYSE: FDX), UPS (NYSE: UPS), Amazon.com (NASDAQ: AMZN) and the U.S. Postal Service:

Trump said he will be responding to the additional tariffs later Friday afternoon.

The Dow Jones Industrial Average was down more than 420 points at time of publication.

Related Links:

China To Raise Import Tariffs On $75B Additional US Goods

Trump: 'My Only Question Is Who Is Our Bigger Enemy, Jay Powell Or Chairman Xi?'

Posted-In: News Global

 

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