trump tariffs were expected this week. but it looks like they maybe worse then expected
this trade war is coming. news has consistently caused emotional liquidation breaks which have been bought.
basically trump is considering adding 100 billion in new tariffs.
Trump is saying he is reacting to china retaliation so tit for tat. This tactic worked in the business world he was in. Just be a bigger bully. That don't fly in today's world when the other bully can not be intimidated or bullied.
I LOL when a business analyst said it was a good tactic to force China into negotiating by attacking them. It aint gonna work.