Most Voters Oppose Trump’s Tariffs, But His Supporters Are Still Behind Him

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• 00:03

  U.S.

• 00:03

  stocks plunge as China hits back with 34 percent tariffs, while oil prices tumble.

• 00:10

  Plus, Fed Chair Jerome Powell warns of weaker economic growth after the tariff hikes.

• 00:15

  And a new Wall Street Journal poll finds

• 00:17

  that voters soured on Trump's economic plans even before Wednesday's raft of new tariffs.

• 00:22

  Donald Trump has done so much in the first two and a half months of his new term that it's hard to keep track of it all,

• 00:29

  and voters are still scrambling to catch up with some of it.

• 00:32

  It's Friday, April 4th.

• 00:34

  I'm Alex O'Sullivan for the Wall Street Journal.

• 00:36

  This is the PM edition of What's News, the top headlines and business stories that move the world today.

• 00:46

  A sharp rise in trade war intensity sent Wall Street spiraling today.

• 00:51

  China's decision to apply a 34 percent levy to all imported goods from the U.S.

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  rattled markets, in part because it further deflated hopes that a global settlement could be reached soon.

• 01:01

  Investors rushed into treasuries, pushing 10-year yields well below 4 percent before they drifted back up later.

• 01:08

  Oil prices slid further, with benchmark U.S.

• 01:10

  crude falling to about $62 a barrel.

• 01:15

  All major U.S.

• 01:16

  indexes dropped today, ending a brutal week.

• 01:19

  The Dow fell more than 2,200 points, closing down 5.5 percent lower today.

• 01:24

  It's down about 15 percent from its recent high, putting it in correction territory.

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