U.S. stocks careened through a manic Monday after President Donald Trump threatened to crank his tariffs higher, despite a stunning display showing how dearly Wall Street wants him to do the opposite.
Trump threatens more tariffs on China as global markets plunge AP NewsUS stocks are extremely volatile as Wall Street rattled by tariffs CNNTrump Threatens Huge Tariffs on China in Response to Its Retaliation The New York TimesTrump threatens new 50% tariffs on China if Beijing doesn't remove retaliatory duties: Live updates CNBC
The business sector has tried to avoid criticizing Trump in public and welcomed his vows of lower taxes and deregulation, but the market sell-off appears to have loosened more tongues on Wall Street.