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Dow Jones plummets amid U.S. trade tensions with China

CBS News Monday, 5 August 2019
Stocks closed sharply lower on Wall Street Monday after China let its currency sink to the lowest level against the dollar in more than a decade. That follows tweets from President Trump last week threatening tariffs on about $300 billion dollars of Chinese goods. CBS News Correspondent Tom Hanson breaks it down.
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News video: Stocks Slide On Wall Street As China Trade War Heats Up

Stocks Slide On Wall Street As China Trade War Heats Up 01:44

Stocks slid on Wall Street on Monday after China let its currency drop to its lowest level in more than a decade; Tom Hanson reports for CBS2.

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