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US-China Trade War: S&P 500 and Crude Oil Fell

Gordon Kristopher
US-China Trade War: S&P 500 and Crude Oil Fell

The S&P 500 Index fell ~0.7% to 2,774.02 on July 11. On the same day, the US government threatened to impose new tariffs on goods worth $200 billion imported from China. The escalating trade war between the US and China pressured the S&P 500 the same day. China warned the US and said that it