Trump Lashes Out at China, Sending Markets Reeling

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Breaking: Trump says he is raising tariffs to 30% on some Chinese imports after Beijing said it would place added tariffs on U.S. goods

Mr. Trump tweeted on Friday that tariffs on $250 billion of Chinese exports would go to 30% on Oct. 1 up from the current 25%. New tariffs set for Sept. 1 would increase to 15% from 10%.

 

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DerangedDonald has NO clue about how the world actually works! Because of DerangedDonald’s lack of understanding, the citizens of this country will pay...and not just money!

Pretty sure if Obama had done the same today the headline wouldn’t read ‘lashed out’, as though it was a momentary lapse. Trump is dangerously unhinged and we’ll be lucky if the worst thing he does is crash the economy.

Omg... does that mean the price of sh^ty toys made in China will go up before xmas?

All the liberals on here: 'I don't care there are thousands of poor people in West Virgina, Alabama, or elsewhere that need good jobs. We would rather they stay poor, so long as we don't have to pay a higher price!'

How you, WSJ, can support the GOP like you do is beyond me.

China is fighting a losing battle

The added tariffs aren't nearly as bad as I thought they would be, market should shrug it off, especially with the G7 meetings next week.

Congrats. We all fubared.

OMG

Jeb warned us.

Well, all the prognostications of his GOP rivals for the nomination, namely unpredictable behavior at all levels, craziness in the WH and never ending investigations are coming true and more. And the country will pay. I am afraid the worst is still to come

But Ivanka still has her trademarks then?

For those of you who STILL don't understand, WE pay the tariffs/taxes.

Merry Xmas everyone. Glad I bought my new I phone last week .

👎🏻👎🏻 let’s please go back to the future FreeTrade

More taxes for us Americans to pay. This MAGA shit is old and tired... TrumpRecession2020

He’s going to kill the one thing he has going for him. Historic landslide for the Democrats if we go into a recession because of this.

Good

In a global trade war, I’m glad the guy leading us is an economic genius ... well,he declared bankruptcy several times but no biggie.

PREDICTION: The DOW drops another 700 points tomorrow. Somebody needs to stop him!

Trump raising taxes again. TrumpSlump

Hello Trumpcession

Trump supporters: WTF we love taxes now!!

No plan ... Tariff War = Great Depression

Can't we just have Trump and his boys meet Xi and his boys for a good old fashioned, The Outsiders-style rumble? Skin on skin, man.

dramatic

Great... we all suffer

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