As Wall Street sinks, Trump is his own worst enemy
As far as the stock market is concerned, U.S. President Donald Trump is, right now, his own worst enemy. The president - who frequently touted Wall Street's rally following his 2016 election victory - was partly blamed for a sharp stock selloff on Monday that investors believe is likely to continue, deepening cracks in a nine-year-old bull run. The selling was sparked by escalating fears of a trade war as China slapped tariffs on a host of U.S. goods as Trump prepares to impose tariffs of more than $50 billion on Chinese imports, and by Trump's renewed criticism of Amazon.com Inc (AMZN.O).
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