![Dow Jones Drops 400 Points After Trump Reveals New Tariffs for China Dow Jones Drops 400 Points After Trump Reveals New Tariffs for China](https://mtic.us/wp-content/uploads/2019/05/1051164114-310x168.jpg)
After US President Donald Trump said on Sunday that the US will hike tariffs on goods imported from China, Wall Street will start the week with a sharp selloff, as investor optimism about the possible conclusion of a trade deal with China in the near future has faded.