By CCN: The Dow plummeted nearly 500 points at Monday’s opening bell, and Wall Street quaked in terror at the sobering realization that the US-China trade war has suddenly resumed with a vengeance. As the stock market careens lower, let’s agree on who’s to blame: US President Donald Trump. Dow Staggers Toward 550 Point Collapse After ‘Trump Dump’ The Dow Jones Industrial Average imploded when the markets opened on Monday, and by 10:16 am ET the “Trump Dump” had wiped a staggering 557.49 points or 2.15% off the DJI; the index last traded at 25,384.88 The S&P 500 bled 60.67

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