The Dow plummets more than 600 points after Trump vows to retaliate against China's latest tariffs

Stocks spiraled downward on Friday after President Donald Trump tweeted that the US would retaliate against China's latest round of tariffs.
The Dow Jones Industrial Average closed down more than 600 points, shedding 2.4%.
Markets began the day lower after China announced that it planned to impose tariffs on $75 billion worth of US products.
Those losses were pared before Trump's comments, after Federal Reserve Chairman Jerome Powell didn't rule out further rate cuts this year during his speech