Watch live coverage of U.S. markets as global stocks clawed back on Tuesday a fraction of their enormous recent losses, with the turmoil from the Trump administration’s announcement of sweeping global tariffs last week calming down in financial markets, if not in the political arena. Meanwhile, despite initial speculation that China might win a postponement on the introduction of tariffs, Trump said late Monday that the United States would impose 50% tariffs on China if Beijing did not reverse its 34% reciprocal tariffs. China appeared to double down on its own position Tuesday, with its Commerce Ministry saying it will “fight to the end” if Trump’s additional tariffs on Chinese goods came into effect, calling its previous countermeasures “entirely justified.”
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LIVE: Markets react to Trump’s tariffs as global markets bounce back
