China Calls Trump Tariffs Standoff a Joke. Tesla, Apple, Stock Markets Aren’t Laughing and 5 Other Things to Know Today. - Barron's
1. China raised tariffs on U.S. goods to 125%, affecting Tesla's imports. 2. Tesla halted new Model X and Model S orders on its Chinese website. 3. Escalating U.S.-China trade tensions are increasing market volatility. 4. Bond market reactions suggest fears of a financial crisis are growing. 5. Companies are withdrawing financial guidance amid global trade uncertainties.