The selloff is enough to knock the stock back into the red, for what has been a volatile week, which has been marked by surprisingly weak sales data, a report that Chief Executive Elon Musk’s role in the Trump administration was ending soon and a budding trade war.

Investors are entering the fog-of-war phase of President Donald Trump’s tariffs. Shares of companies with businesses in China, like DuPont and GE Aerospace, fell Friday.Many stocks were slipping falling as investors continue to digest headlines.

Then there is the risk to sales in China, he adds. Apple’s revenues in the country fell by 8% last year, mostly because of weakness in demand for iPhones and iPads. Chinese consumers may accelerate that slide by treating Apple as a scapegoat for Mr Trump’s antics. The appeal of home-grown alternatives, such as Huawei, Oppo and Xiaomi, is growing.

US stocks extends losses at midday after China retaliates and Fed chair says wait and see. Dow sheds 1,600 points and Nasdaq toes bear market.

Stock markets dropped on Friday at the opening bell as investors continue to fear the impact from President Donald Trump’s tariff plan (AP) Federal Reserve Chair Jerome Powell i

For Tim Hsu, who sells modern lamps and ceiling lights mostly to American customers, US President Donald Trump’s historic tariff announcement has upended his carefully made plans.

While the president expressed optimism over the tariff prognosis for America, entrepreneurs don’t feel similarly–and are desperately assessing their options.

Traders have flocked to bets this week that would pay out if stocks kept tumbling. Volumes in put options tied to stocks and exchange-traded funds hit the highest level on record Thursday and was on track to smash another high Friday,