Mumbai. As the US decided to raise further tariffs on Chinese goods, global markets took a beating on Friday.
The Sensex and Nifty along with other global markets traded with heavy losses after US President Donald Trump said: "The US will start, on September 1st, putting a small additional tariff of 10 per cent on the remaining 300 billion dollars of goods and products coming from China into our country."
The Sensex was trading 356.43 points lower at 36,661.89. It opened at 36,920.11 lower from its previous close of 37,018.32.