userque's Account talk

China just announced more tariffs. Futures reversed on the news.

My question is ... whose turn is it to monitor the twitter feed?

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"Trade wars are good and easy to win."
 
Trump will raise tariff rates on Chinese goods in response to trade war retaliation
https://www.cnbc.com/2019/08/23/tru...ods-in-response-to-trade-war-retaliation.html

  • President Donald Trump said the U.S. will hike tariffs on most imports from China as his trade war with Beijing escalates.
  • The U.S. will raise duties on $250 billion in Chinese goods to 30% from 25%, and increase tariffs on another $300 billion in products to 15% from 10%.
  • Earlier, China announced new tariffs on $75 billion in U.S. goods — and Trump ordered U.S. companies to find an “alternative” to operating in China.

:popcorn:

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"Trade wars are good and easy to win." -- Mar. 2, 2018
 
Trump on US-China trade war: ‘I could declare a national emergency’
https://www.cnbc.com/2019/08/25/tru...war-i-could-declare-a-national-emergency.html

  • President Donald Trump said Sunday he could declare the escalating U.S.-China trade war as a national emergency if he wanted to.
  • “In many ways this is an emergency,” Trump said of the ongoing trade battle between the world’s top two economies.
  • Clouding the G-7 gathering, which represents the world’s major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.

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Looks like we could get a lot more winning folks.

:popcorn:
 
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