ROFLMAO. Gaps downs happen quite often way before this tariff thing was enacted. Good grief man! Traders can trade the gap down and if price continues that way south and they can trade it if it fills.
I already shorted oil futures an hour ago. Can't trade other futures because the movement was to messy. What is Trump going to do? It doesn't matter. Just focus on the charts.
Trump needs to satisfy the union labor who voted for him, but moving factories home to union labor is going to take more than 4 years. In response to Trump, Canada can and should impose a 25% tariff on all US vehicles, ease Euro and Asian imports and accelerate the EV transition. Even without a trade war it's impossible for US auto manufacturers to compete in the global market with US made vehicles. Besides, most parts for these vehicles come from China which can easily put export tariffs on these, in support of those affected by the Trump created economic war. That's why I'm a globalist.
And probably why we should have never become a globalist nation that backs globalization. Mr T is going to fix that problem our government has sold us out to.