China Adds Retaliatory 34% Tariffs—and U.S. Homebuilders Are Already Feeling the Effects of the Trade War
China has retaliated against President Donald Trump‘s “liberation day” tariffs by imposing its own 34% tariff on all goods imported into the U.S. from April 10—a move that has prompted global stock markets to plunge even lower. By 2:45 p.m. EST on April 4, approximately eight hours after the Beijing’s retaliatory tariff announcement, the Dow had dropped 2,100 […]