Here's why global stocks aren't sinking despite the US tariff hike

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A global stock market sell-off started to ease on Friday despite the U.S. fulfilling a promise to ramp up tariffs on Chinese goods.

div > div.group > p:first-child"> The U.S. hiked tariffs from 10% to 25% on $200 billion worth of Chinese goods at 12:01 a.m. ET Friday. In response, Beijing said it"deeply regrets" the tariff hike and would take countermeasures — though no specifics were provided.

"Investors seemingly continue to try to cling to hope that policymakers on both sides opt to deescalate," Deutsche Bank's research strategist Jim Reid said in a note Friday. Goldman Sachs told clients in a note that there is still some wiggle room in the negotiations, which are still set to continue on Friday.

 

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Who says their not sinking?

Many think trump is playing politics with the economy. As we get closer to the election he will announce a bunch of “big wins” (trade and judges) this will allow his base to excuse the constant attacks on democracy by the GOP.

STOCK MARKET WENT DOWN BECAUSE OF SELLERS THEN WENT UP BECAUSE OF CHEAP PRICES

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