Wall Street Sees Red On U.S Approval Of $50 Bln Tariff On China

The market is reacting to President Trump's approval for $50 billion tariff on Chinese exports. Trump has noted that China is killing U.S. business. China has already announced a retaliatory tariff of $50 billion on automobile and pulses and said on Friday that the U.S. protectionist measures are harming its interest.

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