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Wall Street losses rise as trade concerns mount; all 30 Dow components fall

As on Wednesday, industrials led the decliners; Boeing, the single largest U.S. exporter to China, fell 2.5 percent

Wall Street Slips


US stocks tumbled on Friday on fears of an escalating trade war between the United States and China after President Donald Trump threatened to slap $100 billion more in tariffs and Beijing warned it would fight back "at any cost." In light of China's "unfair retaliation" against earlier US trade actions, Trump upped the ante by ordering US officials to identify extra tariffs, escalating a high stakes tit-for-tat confrontation. China Commerce Ministry spokesman Gao Feng said the two countries have not recently held any negotiations, which are impossible ...

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First Published: Fri, April 06 2018. 22:37 IST