President Trump's threat to increase tariffs on $200 billion worth of Chinese goods has already reverberated across the stock market.
The S&P 500 slumped globally, Bloomberg reports, with tech and machinery companies among the biggest decliners in early trading on Monday. Commodities felt the effects, as well, including cotton, oil, and corn. But soybeans had a particularly rough go of it, with contracts headed toward their largest drop in about nine months. And the future is looking even worse.
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