Trump threatens Fed chairman; markets tumble
President Trump denounced the head of the Federal Reserve as an “enemy” in a dizzying array of angry tweets Friday that sent markets reeling. By day’s end, the trade war with China, which was already buffeting the U.S. and global economies, had significantly escalated, and many analysts had abandoned hopes of a near-term deal. Trump appeared to have worsened the economic turbulence that his administration says it is trying to reduce.
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