MoneyWatch - CBSNews.com 4 April 2018

Stocks plunge as U.S., China exchange tariff threats

Financial markets tumble after China announced a list of U.S. products that might get hit with a 25 percent tariff

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WPP stock drops as ad giant investigates CEO's behavior

The world's largest advertising agency said it is looking into allegations of personal misconduct

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Sinclair Broadcast Group: What you need to know

The station owner wasn't well known until a controversial video sparked controversy -- and support from Mr. Trump

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China announces tariff hike on $50B of U.S. goods

Move is direct retaliation for proposed U.S. tariff hike on Chinese goods and will fuel fears of trade dispute jeopardizing global economic recovery

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11 strange-but-true tax deductions

Beer, body oil and breast implants have been declared allowable write-offs, under the right circumstances

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