InvestorsHub Logo
Post# of 358
Next 10
Followers 1021
Posts 49696
Boards Moderated 20
Alias Born 08/16/2007

Re: None

Friday, 03/02/2018 8:51:24 PM

Friday, March 02, 2018 8:51:24 PM

Post# of 358
In 2002, President Bush Imposed 30% Steel Tariffs; This Is What Happened Next
by Tyler Durden Fri, 03/02/2018 - 08:20

https://www.zerohedge.com/news/2018-03-02/2002-president-bush-imposed-30-steel-tariffs-what-happened-next

But it was the market's response that broke the camel's back: what followed immediately after the tariffs were announced was a 30% plunge in the S&P 500, a slump in the dollar and a rally in bonds that slashed 10Y yields in half.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.