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New Development in US China Trade War


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#1 redfoliage2

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Posted 07 September 2018 - 01:03 PM

US President Trump said that in addition to tariffs on $200 billion worth of Chinese goods, another set of tariffs that will be imposed on $267 billion worth of Chinese goods are ready to go on short notice. 

 

https://www.fxstreet...go-201809071618


Edited by redfoliage2, 07 September 2018 - 01:05 PM.


#2 q4wer

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Posted 07 September 2018 - 02:27 PM

small cap will crash due to tariff war.   All imported cars from Japan are 2k to 5k higher this year than last year.



#3 redfoliage2

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Posted 07 September 2018 - 02:47 PM

It's likely the index futures will tank again with global markets on Sunday night.


Edited by redfoliage2, 07 September 2018 - 02:50 PM.


#4 slupert

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Posted 07 September 2018 - 07:52 PM

He said that at lunch time on the plane. He isn't going to do it ayway. (JMHO)



#5 pdx5

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Posted 08 September 2018 - 07:05 AM

Imports will cost more due to tariffs. But more cars will be made in USA to compensate.

Which is better? Additional manufacturing jobs in USA or cheaper car imports? 

 

China has serious problems anyways with or without tariffs.

 

 
 

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#6 Data

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Posted 08 September 2018 - 11:30 AM

He has to announce about three months in advance of the tariff action.