https://www.cnbc.com/2018/04/05/trump-asks-us-trade-representative-to-consider-100-billion-in-additional-tariffs-on-chinese-products.html
Sunday, April 8, 2018
Trump wants look at $100B more in tariffs on China
President Trump, Thursday, said he had instructed the United States Trade Representative to consider $100 billion in additional tariffs against China. Shortly after Trump's announcement, U.S. Trade Representative Robert Lighthizer expressed support for the move, calling Trump's response "appropriate." Dow futures tanked following the news, with the index's implied open down more than 450 points at one point. This is such a big factor in the current US stock markets. Speculation has caused the tank but a recovery is inevitable its just a matter of how quickly occurs.
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Wow. Can the U.S afford to make these moves against China? I would be very curious to see the outcome.
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