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Members of Phong Vu Buffalo battle against Team Liquid during the League of Legends Mid-Season Invitational 2019 play-in group stage, in GG Stadium, Ho Chi Minh, Vietnam."For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods," President Donald Trump tweeted on Sunday."These payments are partially responsible for our great economic results. The 10% will go up to 25% on Friday.
325 Billions Dollars of additional goods sent to us by China remain untaxed, but will be shortly, at a rate of 25%.Chinese Vice Premier Liu He could cancel this week's trip to Washington after Trump's threat to hit Chinese goods with higher tariffs, according to multiple reports.China's Shanghai Composite plunged 5.58% and the Euro Stoxx 50 was down 2%. The S&P 500 is set to open lower by 1.7% near 2,895, which would be its lowest print since April 18.
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