Chinese cargo ships are refusing to carry US grains. The U.S. Grains Council have asked the goverment to make a deal with China by Friday.
Just think, China can't stop winning. Brent oil price continues falling. China halts grain shipments from US. China ships more grain from South America, Australia, Ukraine, Russia.
Think a pretty important aspect not to be underestimated if Don Donaldos moronic trade war doesn't get reconciled soon is that the Chinese might be a tad better equipped mentally at handling a period of economic hardship, if push comes to shove, than America.
Plus, they really wouldn't have much choice or say in the matter, what with their leader already being the dictator wannabe king Donaldo is trying his best to turn himself into.
AND the Chinese in general, and their leader in specific, being huge on not losing face, least of all towards his own citizens, and having made a public and firm commitment to not backdown but instead fight Don Donaldos mafiaesque blackmail and exortion to the end, the likelihood of any Chinese showing up in DC to meekly bow and kiss Donalds ring, is, well, next to zero. https://www.msn.com/en-us/money/oth...r-trump-s-104-tariffs-take-effect/ar-AA1CzUWP "The U.S. side's threat to escalate tariffs against China is a mistake on top of a mistake, once again exposing the American side's blackmailing nature," China's commerce ministry said. "If the U.S. insists on having its way, China will fight to the end," it added. https://www.foxbusiness.com/politic...own-tariffs-trump-threatened-tougher-measures
Market volatility presents opportunity. Focus on money. Focus. Focus. Focus. Stocks are cheaper now. It could get even lower. That's easy money. I could care less about tariff. Spend less if cannot afford it.
I do not know enough about tariffs, but I know about trading, and when to get out, and when to trade. CNBC is pure garbage now. I am MORE qualified than any of their "journalists", who are simply activists, 1-2 years out of college. It's all there for you to see... COMCAST is spinning them off into a separate entity, along with MSNBC, others (which they want to rename, principally MSNBC). It's a cancer, which they want to get rid off; plenty of layoffs. It will be a separate company destined to Chapter 11. And a nice tax write off. Common Sense 101!
Most only heard the word tariffs about a week ago when they started to see their lifesavings start to collapse because of the tarrif war. Sounds like you are great trader ....ignoring the noise and trading the ticker is the only way... I didn't know Comcast was spinning them off...I remember ge used to own cnbc...