Market Reaction (Before the Above Tweets)

  • S&P 500: Down 75 Points, -2.6%
  • Nasdaq 100: Down 242 Points, -3.2%
  • DOW: Down 623 Points, -2.4%

Looking for Whom to Blame?

I can help.

RECOMMENDED ARTICLES

This may be related to Seth Moulton, "whoever that may be".

There is no other rational explanation.

I almost forgot: "Thank you for your attention."

Mike "Mish" Shedlock

Trump Now Threatens Tariffs on All Goods from China: $450 Billion

The markets are reeling a bit today and bond yields are falling on news of escalating trade war threats.

Expect a Deal With China, Just Don't Expect Much From It

Trump says the trade talks with China are going well. And China will purchase soybeans again. Don't expect much more.

China Fires Back with Tariffs on LNG, Wheat, Whine: US LNG Exporters Dive

China has prepared a list of retaliations if Trump escalates the trade war with China.

China Strikes Back: US Pig Farmers Bear Brunt of Trade Retaliation

In Trump's "easy to win trade war" script, US farmers will suffer from China's initial response.

Trump Chickens Out, Delays Trade War Tariffs to Save Holiday Season

In order to save the holiday season, Trump delayed imposition of his recently-announced trade war escalation.

China May Cancel Trade Talks if Trump Extends Tariffs

After Trump reached out to China offering trade talks, he then gave the go-ahead for more tariffs. China may back out.

China Halts All US Ag Imports, Trump Accuses China of Currency Manipulation

It didn't take long for China to retaliate against Trump's trade war escalation. It did so by halting all US ag imports.

Should Trump Ban all Inbound Flights From China?

Taiwan banned travelers from China and is even sending people back. Should Trump do the same?

Investigating Trump's Trade War Through the Eyes of China

Let's take a look at how China sees the escalation of the trade war as described by the Xinhua News Agency in Beijing.