Major averages decline post-tariff
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•US Politics
US Politics
China announces retaliatory tariffs, U.S. unemployment rises: Morning Buzz

82% Informative
The major averages were sharply lower again near noon , continuing yesterday ’s post-tariff slide.
China has retaliated with additional tariffs of 34% on all U.S. goods a day after the Trump administration imposed its own sweeping levies.
Meanwhile, the latest US jobs data show that nonfarm payrolls rose by a higher-than-forecast 228,000 jobs, though the unemployment rate has ticked higher.
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