By Taylor Herzlich | New York Post
US stocks fell on Friday as China struck back at President Trump’s latest tariff with a total 125% tax — further escalating trade tensions between the two nations.
The Dow Jones Industrial Average lost 254 points, or 0.6%, after plummeting 1,014.79 the day before.
The index has been on a wild ride over the past week as markets struggle to absorb back-and-forth trade war news, plunging more than 4,000 points after Trump revealed his so-called “reciprocal” tariffs last Wednesday, then recovering more than 1,500 points this week after he announced a 90-day pause on most of his harsher tariffs.