Trump says he will impose a 100% tariff on China

President Trump threatened stiff new tariffs on imports from China. The Dow, NASDAQ, and S&P 500, all closing down sharply on Friday. That threat from President Trump on new Chinese tariffs is immediately having an impact on the economy and on your wallet.The S&P slide was the biggest drop since global tariffs were announced back in April. This latest tariff rate will be at a 100% rate, and that's on top of already existing taxes on everything from steel and aluminum currently at 50% to toys and furniture. ...