The stock market just plummeted because of one Donald Trump Tweet

When President Donald Trump announced a new round of tariffs on Chinese imports on Thursday, the Dow was up 311 points. Then it was down nearly 300 points.

That was the biggest swing since early January.
The market had been strong for investors; stocks had bounced back from the day before. The S&P 500 was on pace for its best day in six weeks, after a poor manufacturing report gave investors hope that the Fed will once again cut rates later this year.
But Trump said on Twitter that the United States would be “putting a small additional tariff of 10% on the remaining 300 billion dollars of goods and products coming from China into our country.”

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