Dow Plunges, Nasdaq Falls 3.5% After China Hikes Tariffs

Rob Lenihan - finance.yahoo.com Posted 5 years ago

Stocks fell sharply Monday after China said it would increase tariffs on as much as $60 billion worth of U.S. imports to as high as 25%. shares tumbled 5.9% as investors worried about the impact of China's tariffs on the tech giant. Stocks were falling sharply Monday after China said it would increase tariffs on as much as $60 billion worth of U.S. imports to as high as 25% following last week's collapse of trade talks between the world's two largest economies.

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