Market reaction to Trump's China tariffs? DOW crashes over 700 points!!!

Both sides, obviously. It doesn't help when Republicans support an incompetent madman.

 

Hmm, no, i just says that they started to ease back restrictions. I'm not sure what you find hilarious about that considering it's basically what your own source says. I don't consider it to be my problem that you don't like what your own source says.

 

Agree with all of that except that Putin is pulling the strings. President Small Hands is dumb enough to do all of that on his own.

 

Yes, there is currently only one world superpower. Trump is doing everything he can to drag America down, which will allow China and Russia to gain prominence.
In my lifetime I expect to see China surpass America in most indicators of superpower status. Size (they are already bigger) and technical ability of Army, Navy and Air Force. Size of economy. Influence abroad (just look at what they are doing in Africa, with no push back from Trump).

 

I dont know how many rallies against trump the russians held

It wasnt my day to watch them

 

Didn't get much coverage, did they? And the jerks didn't get the riots they had no doubt been hoping for. Not like the fireworks between the Neo Nazis and Antifa, the other Neo Nazis

 

Shaping up to be another choppy session at that corner of Broad and Wall

Investors and traders don't know what to make of tariff boy and his band of republican economic flunkies.

They've interjected sooooo much uncertainty into global markets, at this point.

Japan's Nikkei closed down a stunning 4.51% today...

 

What is hilarious is that you're now attacking your own link that you provided to back up your argument!

 

How am I attacking my own link, it lists a large number of abuses.

 

Yeah? Who allowed Russia to obtain more uranium? Who drew red lines in Syria then did nothing? Who was the POTUS when the Ukraine was invaded and what did they do about it? Who was running around with Russian reset buttons? Who said that Russia being a threat was an "80's dipolomacy"? Who was caught on open mic cuddling up with Medvedev? Who put our military in the shape it is? Who oversaw the worst 8 years of GDP growth in history? Who did nothing when the Chinese started taking over the ocean?

No one bent over more for Russia than Obama.

 

No what it says is they change, or say they'll change, when they get caught, then lists a large number of things that they said they'll fix, and haven't.

They wouldn't do things like, you know, agree to North Korea sanctions then get caught doing ship to ship transfers at sea or anything.

They're completely above board.

 

After eecking out a small positive on the day after Trump signed the budget (even though he threatened not to - stupid idiot, you don't threaten something and then immediately go back on it).
But now that the market is back to focusing about trade - the DOW has fallen almost 400 points in about an hour.

 

...and is still thousands of points higher than it's ever been.

 

Huh?

The DOW is almost 3,000 points lower then it's all-time high.

https://www.cnbc.com/quotes/?symbol=.DJI

The DOW is officially in a 'correction' (a decline of 10% from it's high).

 

As of now, the DOW has lost over 1,000 points over the last two days - mostly due to Trump's tariffs.

Oh yeah, Donald...Wall Street just LOVES your 'brilliant' tariff idea.

What a doofus Trump is.

 

March 23, 2018 The Dow is down another -434 points, year to date, that is a 4.75% drop.
http://money.cnn.com/data/markets/dow/?xid=cnn_hp_marketbox

 

Just have to laugh at the poor saps who actually tried to catch that falling knife earlier in the session today

Absolutely BRUTAL week for U.S. and global markets thanks to the reckless orange tariff boy in the White House and his economic flunkies beating the trade war drums

Somehow I don't think the obese clown will be crowing about the market on twitter this weekend...

 

So....the DOW lost almost 1150 points in just 2 days...mostly thanks to Trump's ridiculous, dinosaur-thinking, tariffs.

https://www.cnbc.com/quotes/?symbol=.DJI

 

Right on Obama's curve now.

 

1-china isn't communist, I'm not sure how to classify it...it has a free market economy
2-china wasn't backward just incredibly poor
3-yup, the people who will suffer from trump tarifs are very people who voted for him, it's a tax...a smoke and mirrors game by trump, cut taxes for the rich and raise them for the poor and middle class with tariffs...trump fans will say "no tariffs is spelt differently than tax so it's not a tax"...
4-agreed, full employment is actually considered to be 3%...the number of people who can never work for one reason or another or are between jobs...
5-this what happens when you elect someone who has zero comprehension of just about anything, he relies on whatever crackpot he sees on tv for his information...

 

ah that was the result of the Obama years, you can't possibly believe trump did that...

 

3 to 5% of a 7 trillion stock market is a lot different than a 3 to 5% of a 30Trillion stock market.

 

Not been paying attention recently or what?

 

It's market may be - sort of. But it's political system is still communist.
The CIA calls China a 'communist party-led state'.
https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html

After the cultural revolution - which ended in 1976 - they were INCREDIBLY backward...especially for such a gigantic country.
'Mao officially declared the Cultural Revolution to have ended in 1969, but its active phase lasted until the death of military leader Lin Biao in 1971. After Mao's death and the arrest of the Gang of Four in 1976, reformers led by Deng Xiaoping gradually began to dismantle the Maoist policies associated with the Cultural Revolution. In 1981, the Party declared that the Cultural Revolution was "responsible for the most severe setback and the heaviest losses suffered by the Party, the country, and the people since the founding of the People's Republic"'
https://en.wikipedia.org/wiki/Cultural_Revolution

I agree with the rest.

Tariffs went out of fashion generations ago. Trump is thinking like a dinosaur on this.

 

I think that's why Trump exempted the EU from the steel tariffs. He suddenly discovered he might need them. Will they bite? Probably..... But you don't know what kind of deals the Chinese are pushing with Europe. They may see this as their opportunity to undercut us in the world order.