Trump Says ‘Be Cool’ as China, EU Retaliate Against US Tariffs

President Donald Trump urged Americans to remain calm and continue investing, even as China and Europe announced retaliation that risks prolonging the trade war and tipping the economy into a recession.

Trump’s Wednesday comments indicated the White House is closely monitoring financial markets, which saw another day of stock volatility and a bond selloff after the highest US tariffs in more than a century took effect.