Inside the White House with D.C.'s most wired reporter. Sign up for Mike Allen's Axios AM.

Stories

Stocks fall after report of Trump imposing new China tariffs

Traders at NYSE
Photo: Yana Paskova/Getty Images)

Stocks fell sharply on Thursday afternoon, following a Bloomberg report that President Trump will move forward with his plan for $200 billion worth of tariffs on Chinese goods, perhaps as soon as next week when the public comment period ends.

Why it matters: Stocks have had a relatively muted response to trade tensions, but this report — along with a looming deadline for the U.S. and Canada to strike an agreement — is giving investors anxiety.

More stories loading.