Oil slumps 7% as Trump announces additional tariffs on Chinese imports

By Devika Krishna Kumar NEW YORK (Reuters) - Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept.

The post Oil slumps 7% as Trump announces additional tariffs on Chinese imports appeared first on Firstpost.