FIRST AIRED: March 24, 2018

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
0:00
0:00
More Info

COMING UP:Share Opener Variant 4

×

Transcript

00:00:00
>> Wall Street fell for a second straight day, closing out the worst week for stocks in two years as fears of a US trade war with China intensified on Friday after Beijing threatened to retaliate. President Trump followed through on his plan to tariffs, Reuters Markets correspondent April Joiner explains.
00:00:18
>> President Donald Trump signed tariffs on Thursday that basically targets $60 billion of goods from China. And investors are worried about the potential for a trade war, obviously a lot of companies that are publicly traded sell into China especially tech companies, and industrial companies such as Boeing. And so with the possibility of tariffs, a lot of those companies could get hit.
00:00:44
>> China urged the US on Friday to, quote, pull back from the brink. The White House said the plan to tariffs were a response to China's, quote, economic aggression. But Trump reiterated on Friday that he views China as quote, a friend, and that the two sides are in negotiations.
00:01:02
>> We're very friendly with China, we have great relationships with China, and look, it's time.