July 11 (UPI) -- The Dow Jones Industrial Average fell nearly 220 points Wednesday as U.S. President Donald Trump unveiled new tariffs on Chinese goods.
The index closed at 24,700.45, down 219.21 points, or 0.88 percent, at the end of trading Wednesday after Trump announced 10 percent tariffs on $200 billion worth of Chinese goods as part of the ongoing trade war between the two countries.