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Stock markets plunge as U.S.-China trade war escalates with no end in sight

August 6, 2019

The trade battle between the U.S. and China is rocking stock markets around the world. Market futures predict a rebound today after Wall Street's worst day of the year. Major indexes lost nearly 3% or more yesterday and the Treasury Department is now labeling China as a currency manipulator. CBS News business analyst Jill Schlesinger joined "CBS This Morning" with more on what that means for your money.

Watch "CBS This Morning" HERE: http://bit.ly/1T88yAR

 

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