The market? Who gives a damn what the market thinks?
U.S. President Donald Trump said in a statement on Thursday that he has instructed U.S. trade officials to consider $100 billion in additional tariffs on China “in light of China’s unfair retaliation” against earlier U.S. tariff actions.
The statement said the U.S. Trade Representative has determined that China “has repeatedly engaged in practices to unfairly obtain America’s intellectual property.”
Message of the Day
How will China respond?
Mike "Mish" Shedlock