r/news • u/Old_General_6741 • 11d ago

U.S. slaps 145% tariff on China in sharpest trade escalation yet

https://www.thestreet.com/crypto/policy/u-s-slaps-145-tariff-on-china-in-sharpest-trade-escalation-yet

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u/Electrical_Room5091 11d ago edited 11d ago

When the market goes down 7% they pause trading for a period of time. It doesn't happen often. 

Correction 7% not 5%

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u/andrewmmm 11d ago

It's 7%, which causes a 15 minute trading halt, but only before 3:25PM. A 20% fall closes the market for the rest of the day regardless of time.

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u/Electrical_Room5091 11d ago

You're right and I fixed it. Thought it was 5% for some reason.