China to increase tariffs to 125% as trade war with US escalates

China announced Friday it will increase tariffs on U.S. goods from 84% to 125%, escalating a trade war between the world’s two largest economies. The move has rattled global markets and heightened concerns about a potential economic slowdown.

Worst stock market days in history

Stocks are swinging sharply still after President Trump’s tariff announcement last week. Here’s how last week stacks up to some of the worst days for the stock market in U.S. history.