China Hit With 54% "Reciprocal Tariff" Rate Following Trump Address. 3 Things Pinduoduo Stock Investors Should Know

In This Article: Stocks plunged on Thursday in response to President Donald Trump's "reciprocal tariffs." While the president had telegraphed his desire for punitive tariffs to try to balance the trade deficit the U.S. has with much of the world, investors were taken aback by their size. China has…