Stocks Making Wild Swings As Markets Assess The Damage From Trump's Trade War

1 week ago U.S. stocks are swinging Monday following a manic morning where indexes plunged, soared and then sank again as Wall Street tossed around a false rumor about President Donald Trump’s plans for his trade war. Some investors are holding onto hope that Trump may still lower his tariffs after negotiating with other countries, and Trump said Sunday that he’s heard from leaders “dying to make a deal.” Countries are scrambling to figure out how to respond, with China and others retaliating quickly. Trump’s tariff blitz fulfilled a key campaign promise as he acted without Congress to redraw the rules of the international trading system. The higher rates are set to be collected beginning Wednesday, ushering in a new era of economic uncertainty with no clear end in sight.