US stocks set to plunge on new Trump trade threats against China

June 19, CNBC 

Matthew J. Belvedere | Peter Schacknow
Global markets were awash in red this morning after President Donald Trump ratcheted up trade pressure on China, asking the U.S. trade representative late Monday to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent. (CNBC)

The Dow, already on a five-session losing streak, was set to plunge more than 300 points at the open, threatening to put the blue-chip average into negative territory for the year. Bond yields were dropping. Oil prices were also lower. (CNBC)

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