Trump Sounds Defiant Note as Tariffs Roil Markets Again
1. China announced new tariffs on U.S. goods, escalating trade tensions. 2. S&P 500 fell 2.5% amid fears of a wider trade war. 3. Trump insists his economic policies are effective despite market downturn. 4. A jobs report shows 228,000 new jobs, bolstering Trump's narrative. 5. Global markets are volatile as governments assess retaliatory measures.