10 things you need to know today: August 2, 2019
1.
President Trump said Thursday that he would impose 10 percent tariffs on another $300 billion worth of goods imported from China next month, scrapping a trade-war truce he had struck with Chinese President Xi Jinping in June. Stocks had been up sharply, but the news sent them plunging. Trump said he was going ahead with the new tariffs starting Sept. 1 partly because China had not fulfilled a promise to buy more U.S. agricultural products. Trump has already hit China with 25 percent... Читать дальше...