goodbye sweet gains. https://www.cnn.com/2019/08/01/economy/new-china-tariffs-threat-trump/index.html Trump says he will go ahead with new China tariffs that would hit iPhones and toys Washington (CNN Business)President Donald Trump said Thursday that he will add a new tariff on $300 billion of Chinese-made products on September 1, which would effectively put a tax on all Chinese goods coming into the United States. "Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional tariff of 10% on the remaining 300 billion dollars of products coming from China into our country," he tweeted. Later in the day, Trump said in remarks to reporters at the White House that he might still ratchet tariffs up to 25%, as he's previously threatened -- or even higher. "It can be lifted in stages so we're starting at 10% and it can be lifted up to well beyond 25%," the President said. "But we're not looking to do that, necessarily."
he will singlehandedly cause inflation which will make the fed back off of rate decreases. He's a genius
In 6 years, you are going to rue the day you ever thought that, (assuming he gets re-elected.) Mark my words.
Look ON you already rueing the day because you claim his tweets is messing up your trading profitability.
Mr T is probably the smartest president we have had since Jefferson. And most definitely the most humble and certainly not a racist many others appeared to be.
Did he say to himself "The market is recovering nicely today let me make this tweet at the worst time possible"
The best time for the trade war is now. Weaken China, cause a minor slowdown in the US, ZERO RATES BECAUSE WE ARE FUCKING RETARDED
Draghi has joined the fray. The ECB has signalled to European Banks that they will continue on their rate cutting path - further into negative territory, in an orchestrated effort to devalue the Euro versus the Dollar as a means to compete. More subtle than Trump's Tariffs or the PBC Currency Desk Peg, but game on.