Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war. The intensified trade conflict between the US and China accelerated a slide in the German DAX index on Friday afternoon.

Germany’s Dax index falls after tariffs response from China

Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war. The intensified trade conflict between the US and China accelerated a slide in the German DAX index on Friday afternoon.