all 5 comments

[–]magnora7 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

And meanwhile bitcoin is going absolutely crazy and is at like $7400, when it was $3500 just a couple months ago. Big shifts are happening.

[–]magnora7 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Wow and the S&P 500 is down 2.5%: https://finance.yahoo.com/

It's getting up there in the biggest percentage down days, but still nowhere near the top 20 ever. https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_S%26P_500_Index

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I really don't know what he expected. I'm sure he's good at negotiation and tried to get some leverage but I think he overestimated his position.

[–]OrphanedPixel 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Archive link:

http://archive.fo/La2aP

Sources used in article:

”From tequila to TV cameras — here's everything China is targeting with its 25 percent tariff”, NBC News:

http://archive.fo/CYEEe

”Trump aide Kudlow acknowledges U.S. consumers pay for tariffs, not China”, NBC News:

http://archive.fo/L3SF7

Donald J. Trump tweet:

http://archive.fo/cgrfW

”How China could 'play dirty' in retaliation for Trump's new round of tariffs”, NBC News:

http://archive.fo/TNICX

[–]EndlessSunflowers 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Good. Shallow people love money. LOL