Dow plunges 450 points after Trump tweets on China trigger massive global selloff

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DEVELOPING: President Trump's tweets on China tariffs throw global markets into a dive; put upcoming trade talks into doubt.

Wall Street plunged Monday morning after crucial trade talks with China appeared to collapse, renewing fears of an all-out trade war between the world's two largest economies.

The Dow Jones Industrial Average fell by 450 points at the opening bell, with the S&P 500 down 1.55 percent and the Nasdaq sliding 2.2 percent.in a surprise early morning tweet that said he would slap tariffs on almost all imported goods starting Friday. Futures on the Dow Jones Industrial Average immediately fell by over 500 points, with the S&P 500 and Nasdaq each sliding by 2 percent before markets opened. Chinese markets tanked by 6 percent."The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!" Trump tweeted."The 10% will go up to 25% on Friday. 325 Billions Dollars....

The United States has been losing, for many years, 600 to 800 Billion Dollars a year on Trade. With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!

 

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I'm sure he and his family buy short stocks, and sell making a killing. He controls the market. He is a criminal like no other.

President Donald Trump's driving our nation into an international crisis: Monetary, international foreign relations and war. Trump doesn't know politics.

NBCNightlyNews and he enjoys the chaos. He loves to use his power for his own entertainment.

NBCNightlyNews There goes NBC again putting it's won spin on things. Way to be corrupt and Bias Democratic NBC. Hopefully your ratings are plummeting. Traitors to the American People

MarcVegan Stable genius strikes again.

I think it's just a means to an end. China needs not to be handled with kid gloves they ripping us off for too long

There could be more to the story than the dumb tweets from lmpotus. You have to question who will benefit from the market dive & their relationship to lmpotus. The 'moron' could be manipulating the market. Certain people may have been informed in advance & will make $$$. Showtime

Fake News Everything is excellent.. it's those tariffs that are tightening the ropes on China, and bringing Tons of cash back to the United States.. Record breaking company optimism Trump was Right

...and global markets. Someone please take that damn phone away from him...

Great stock buying opportunity!!

Q: What is the difference between Kim does missile testing and Trump does tweet testing?😀 A: Kim misses targets, Trump hits the bull's eye.

Glad he standing up for us. Meanwhile JoeBiden can’t wait to sell us to China again

He enjoys the thrill of terrorizing the Lilliputians.

Trump and his clown show have no idea what they are doing. All tariffs do is cost the American consumers more money for the products they buy.

And he thinks he can run this country 🙄

He is a threat to everyone. His administration has been pounding the table that negotiations were going great....and now this?

ComradeDonald. Its almost as IF he’s on the Russian payroll

Time for him to resign he is just this awful

This must have been Putin's instruction.

Trump and his mob don't know what they are doing. Tariffs are a tax on Americans. Which means people will have less to spend on goods

Who taught this old man how to tweet? They need to be held accountable. realDonaldTrump

POTUS von FRAUD's morning play time

You gotta wonder which of his buddies he’s letting know before he does stuff like this. There’s insider trading going on, has to be.

I don't think...' then you shouldn't talk, said the Hatter.” ― Lewis Carroll, Alice in Wonderland

Mr BEST ECONOMY EVER shoots himself in the foot..which is in his mouth...again. LOSER

Don’t think for a second this dive didn’t put millions into his and his grifter-children’s pockets.

Any media expounding on poll results without providing the poll / selection criteria is to quote, ' fake news'. Have some journalistic integrity, quite throwing out click bait.

This is what happens when an ignorant con man tweets his every thought.

And we are surprised by that? Really?!

Always stepping on his own foot. So dumb

He knows this. I’m sure he shorts stocks based on what he tweets so he can make money for some offshore account.

I thought Trade Wars were like, soooo easy, like,totally

This was an order from Putin!

Trump kicking ass!!!! Trump2020

There they go again!

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