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Dow Ignores Trump’s Threat to Slam China With Double Tariffs

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By CCN Markets: The Dow Jones Industrial Average traded flat on Monday, despite ominous trade warnings from the White House over the weekend. In an interview with ABC News on Sunday night, Trump said he was ready to go all in on tariffs in a bid to twist China’s arm. The president threatened to double the value of Chinese goods subject to tariffs from $250 billion to over half-a-trillion. “We have … right now, we’re getting 25 percent on $250 billion. And in the end, we’re going to get probably 25 percent or so. And it could be even increased.

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* First published on ccn.com

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