Trump’s China tariffs are getting a major increase on Friday

The stock market has already seen some wild fluctuations this week in anticipation of the latest volley in a trade war ramping up between the U.S. and China. Now it seems the President is making good on his promise to further increase tariffs on goods from the country. Reuters is reporting that the U.S. is set to increase import tariffs on $200 billion worth of Chinese goods from 10 to 25 percent. The change is set to go into effect on Friday, May 10. …. Learn more about your ad choices. Visit podcastchoices.com/adchoices