US, China trade war escalates

Yahoo Finance’s Alexis Christoforous, Jared Blikre, Rick Newman, Sibile Marcellus, Ethan Wolf-Mann and Maylan Studart discuss today’s big stories.

Today’s topics include:

• Trump: Tariffs put US in strong bargaining position

• US expected to impose $200B in tariffs on China: RPTS

• Salesforce co-founder buying Time for $190M

• Floodwaters continue to rise as Florence slams North Carolina

• Insurers facing billions in claims in wake of Florence

• Calls grow to delay Kavanaugh confirmation vote

• FEMA chief won’t resign despite probe

• Remembering journalist Mark Pittman, who predicted subprime crisis

• Coke ‘closely watching’ cannabis drinks business: Bloomberg

• Musk apologizes for Tesla ‘delivery logistics hell’

• New Apple IOS 12 hits devices today

• Taco Bell worker fired after English-speaking customer turned away

• Many Americans struggling to reach financial goals: Prudential Wealth Census

• Robots to handle most workplace tasks by 2025: Report