The month of September begins with global uncertainty as Dow drops again

Posted on September 3, 2019

Dow drops again as Trump imposed 15% tariffs on a variety of Chinese goods on Sunday, while China imposed new charges on U.S. products from Sept. 1. It marked the latest escalation in their long-running trade war.

Beijing filed a complaint against Washington at the World Trade Organization over U.S. import duties. China claimed the latest round of tariffs violated a consensus reached by leaders of both countries in Osaka, Japan.

Investors loaded up on traditionally safer assets such as gold and long-dated Treasurys as Dow drops again.