China announces 84% tariff on US goods

Trump’s sweeping new tariffs on America’s trading partners took effect on Wednesday, including a combined total of 104% against goods from China. The 10% baseline already began on Saturday. And then at midnight on Wednesday, the higher import tax rates on dozens of countries and territories took hold. China has retaliated with 84% tariffs on U.S. goods. Financial Planner Joe Bert shares how you can navigate volatile markets.