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US, China trade war escalates

Yahoo Finance’s Alexis Christoforous, Jared Blikre, Rick Newman, Sibile Marcellus, Ethan Wolf-Mann and Maylan Studart discuss today’s big stories.

Today’s topics include:

  • Trump: Tariffs put US in strong bargaining position

  • US expected to impose $200B in tariffs on China: RPTS

  • Salesforce co-founder buying Time for $190M

  • Floodwaters continue to rise as Florence slams North Carolina

  • Insurers facing billions in claims in wake of Florence

  • Calls grow to delay Kavanaugh confirmation vote

  • FEMA chief won’t resign despite probe

  • Remembering journalist Mark Pittman, who predicted subprime crisis

  • Coke ‘closely watching’ cannabis drinks business: Bloomberg

  • Musk apologizes for Tesla ‘delivery logistics hell’

  • New Apple IOS 12 hits devices today

  • Taco Bell worker fired after English-speaking customer turned away

  • Many Americans struggling to reach financial goals: Prudential Wealth Census

  • Robots to handle most workplace tasks by 2025: Report