Latest news from the last hour:
China has increased retaliatory tariffs on U.S. goods to 84%, responding to recent U.S. tariffs. President Trump has stated he will impose major tariffs on pharmaceutical imports next. The market is reacting with declines as fears over tariffs grow. The European Union has approved its own set of retaliatory tariffs against U.S. imports. Additionally, there's ongoing investigation into a near-collision incident involving a Delta plane and military jets.