US stocks close sharply lower after Trump threatens new China tariffs
Biggest one-day drop in S&P 500 since April brings weeks long rally to a halt
Biggest one-day drop in S&P 500 since April brings weeks long rally to a halt

Markets recover after Donald Trump suggests heightened tariffs on Chinese imports may not last

S&P 500 on course for worst day since mid-December as tech shares also hit

Donald Trump strikes more conciliatory tone after threatening Beijing with 100% tariffs

Wall Street stocks roar back from April’s sell-off, buoyed by resilient economy and share buybacks

Beijing accuses Washington of imposing fresh restrictions on Chinese companies after trade talks last month

Dollar dips after US president imposes 15% duty following Supreme Court decision to strike down previous policy