Full-On Trade War: Trump Jacks Up Tariffs on $550 Bn of Chinese Goods, Blasts 'Unfair' Regime
"US stock-market indexes fell precipitously on Friday, with the Dow Jones plummeting 700 points at one point amid Trump's threats to cut off all trade with Beijing. When he virtually ordered US companies to 'immediately start looking for an alternative to China,' it inspired further panic. US businesses are growing increasingly desperate over the stalemate, urging Trump to put the tit-for-tat tariff war on hold and seek common ground with Xi."
WATCH: @14:35 "Professor Richard Wolff breaks down how the latest round of tariffs on Chinese goods will impact average Americans. 'This isn't working. We must change our relationship with China..."