Stocks Crater After Trump’s ‘I Am Tariff Man’ Tweet

The S&P 500 dropped more than 3 percent after President Donald Trump bragged about being “Tarriff Man” on Twitter, notes the New York Times.

Trump’s tweet brought into question the status of a truce in the trade war between the United States and China. The trade war was supposed to have been put on pause for 90 days as of Dec. 1 “while the two sides try and reach a formal trade deal,” reports The New York Times.

But Trump’s tweet on Dec. 4 seemed to undercut the agreement.

(Sources: Donald J. Trump/Twitter, The New York Times, Photo Credit: Gage Skidmore/Flickr)

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