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Trader Anthony Carannante, center, confers with colleague John Panin on the floor of the New York Stock Exchange, Thursday, Aug. 2, 2018. World stocks indexes are falling Thursday after the Trump administration said it will consider an even higher tax rate of 25 percent on $200 billion in imports from China, raising the stakes in the trade war between the two largest economies. (AP Photo/Richard Drew)

Trader Anthony Carannante, center, confers with colleague John Panin on the floor of the New York Stock Exchange, Thursday, Aug. 2, 2018. World stocks indexes are falling Thursday after the Trump administration said it will consider an even higher tax rate of 25 percent on $200 billion in imports from China, raising the stakes in the trade war between the two largest economies. (AP Photo/Richard Drew)

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