Lie of the Day: Trump Hikes China Tariffs By 10%, Says "Trade Talks On Track"
Trump says trade talks with China are on track for September. Tariff hikes are proof they aren't. Stocks reversed.
Trump says trade talks with China are on track for September. Tariff hikes are proof they aren't. Stocks reversed.
Trade Tweet Series
The Wall Street Journal reports Trump to Impose Additional 10% Tariff on Chinese Goods.
Gotta Love the Subtitle
"President says next round of trade talks With Beijing are still on track for September."
What a hoot.
The stock market reversed sharply as did gold. Bond yields crashed.
Manufacturing is already weak. This won't help.
Mike "Mish" Shedlock