Stock market tanks as Trumps 25% tarrifs on Chinese electronic begins
 

"The response from China signaled a rapid escalation of the dispute. China will impose tariffs with “equal scale, equal intensity” on imports from the U.S. and [byall of the country’s earlier trade commitments are now off the table[/b], the Commerce Ministry said in a statement on its website late Friday"

China: 'The US has launched a trade war'


President Donald Trump on Friday pledged more tariffs if China follows through on the retaliation threats, without specifying an amount. In April, he asked officials to consider an additional $100 billion in levies. Meanwhile, U.S. Trade Representative Robert Lighthizer said an announcement on U.S. investment restrictions on China will follow in the next two weeks.

The USTR’s final list includes 1,102 product lines, down from about 1,300 initially, mainly focused on China’s Made In 2025 plan to become dominant in high-technology industries such as robotics, aerospace, industrial machinery and automobiles. Consumer goods including mobile phones and televisions aren’t being hit with the tariffs.

Dow Jones Industrial Average
Last Updated: Jun 15, 2018 12:55 p.m. EDT
24,954.27
-221.04 -0.88%
Previous Close
25,175.31

How is a 0.88% drop in the market considered as "Stock market tanks"?. That's pretty much a daily fluctuation.

Bladelier will be calling me a fake nic in a few. Just watch.

finally

now he can approve his knowledge in economy.

but i think he will change his mind again as he always does.

nobody in the world gives a shit anymore what trump is saying today or dreaming tomorrow.

if he does that with china it will hit the us economy hard (what you can already see in the stocks market after this news have been published).

He's spent all of his political currency. The GOP has been turning on him since the Kim Jong Un fiasco.

I like the fact that he's fucking with China but tarrifs only makes stock futures traders rich, everyone else loses. But maybe it will work, I hope so, time will tell. Fuck China

dumb nazi thommy, no one cares but you're posting about it. no one cares but china reacted to it.

anyone with only a slight understanding of economie knows that a [rapid] drop in the stock market is not a certain indicator of the economy.

you're a dumb nazi thommy.

https://kek.gg/i/6PNdHm.jpeg

https://kek.gg/i/6TYdcT.png

HIs skinhead look matches his nazi views perfectly.

I read an article this morning that talked about bourbon coming out of Kentucky will be hit hard.... they claimed some 17k jobs would be affected by this.

I don't think this is the same article I read this morning (I use a news feed on my MS Suface) but it's similar:
https://www.courier-journal.com/stor...les/659286002/

Chump is fucking America one lie at a time. He has no idea how to run a country !

will even out. they ship that trash over here. the products are crap pure shit! toxic bullshit!!

:1orglaugh:1orglaugh:1orglaugh

Christ,

You aren't even bothering to put up pretense anymore. It's just full time shilling.. all up in everyone's face.

The more you post the more I feel like Trump must be doing something good ;)

I wonder how much stuff we buy from China. I was putting on a shirt the other day and was surprised that it was made in China.

Why surprised? The only thing USA makes are Weapons to destroy other countries and Drugs to keep the sheeple in line.

it is not what you bus for selling in your country - is is what you NEED to import for compete in the export market.

the point is not that US is importing too much - the point is that US is exporting not enough.
that means US companies are not competitive and all the future technologies where US would be able to compete are killed by the blond honk.

the US export industry will now buy from outside for a higher price and that will make the export market even harder because other will use this advantage for their industries and buy the cheap goods to produce valuable goods from it and export them at an affordable and competitive price.

trump want to win the race by telling the rest of the world to drive slower.
this will never happen. it will just cause a new global crisis what will hit the US so hard as never before. don´t forget that US have already the highest per citizen dept in the world.
to run through a crisis you need money. where shall that come from ?

correct. instead of investing in a powerful renewable energy industry he canceled the paris climate contract.
china stepped into that and many other countries too.

but he hopes to initiate more wars to export more weapons.
i hope that the rest of the world will understand that and stand together against this dumb and his supporters.

only a dumb nazi thommy would think that the only things USA makes are weapons and pharma.

or not even knowing that the USA has been at the top of all countries re: investments in renewable energies for years and years.

Why do you jump on thommy so bad? From what I can tell he hates nazi's.

The dow was down 0.34%. Not even 1% ...three-tenths of a percent...the same demographic amount of blacks in the city you live in...coincidence? :1orglaugh

Problem with a trade war on China is , its you the American consumer that will pay for it.
China mostly imports raw materials, USA buys consumer goods.

However the only growing market is.. China

And China has said today..:

"China as the world's second-largest economy and the largest consumer market has announced and will take substantial moves to further open its economy, which will provide opportunities of development for all other countries, including the US. It will be regrettable if the US companies and workers fail to benefit from China's economic liberalization moves due to Washington's refusal to cast away its adventurism"

you want to read in to that carefully, because it will fuck your countries future, in the only mega growing market.

Same day it became "Our economy is booming" when it gained 0.50% . Care to guess who said that?

the USA gets around 10% of its energy from renewable sources...in the developed world, the USA is dead last in renewable energy :1orglaugh:1orglaugh:1orglaugh:1orglaugh


dynamo is a nut sucker <---link



did you notice how I put dead last in big fonts to highlight what a nut sucker you are? :1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh

let this brain cripple insult me and everyone who does not share his strange thoughts.
it is a honor for me to be insulted from such a creature because the important ones can see how far away i am from his mental garbage.

he is anyway V.I.P on my ignore list.

More FAKE NEWS from the left

He's threatened me with physical violence for sharing my views. And he's stated he thinks trump voters and people he thinks are beneath him should be rounded up like jews.

dumb nazi thommy, you're the one that threatened me with physical violence for sharing my views.

Your own link says 14%. Japan 14.7%. How is Serbia doing? Oh wait, you said developed world. Never mind.

I pointed out to nazi thommy that he's threatened people he's judged to be dumber than him and his reaction to that was to threaten me as well.

how big of a dumb nazi do you have to be to threaten someone with physical violence who's pointing out you're threatening people with physical violence?

big dumb nazi thommy

you dumb.

dumb nazi thommy will have you rounded up and threaten to beat you up you're so dumb.

we currently get ~17% energy from renewables.

https://www.eia.gov/tools/faqs/faq.php?id=427&t=3

and we're 2nd in generating renewable energy

https://www.statista.com/statistics/...de-by-country/


go chump for change so you pay your internet cafe bill.

id love to see thommy threaten me...

it was kind of a let down. I hadn't realized he was so dumb to threaten me with violence for pointing out he threatens people with violence.

:1orglaugh:1orglaugh:1orglaugh:1orglaugh

that dumb nazi thommy

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh

even at 17% you are among last in the developed world...nigeria has 19%...shit hole serbia has 30% hahahaahahahah...

plus you are the #1 per capita consumers of energy...one american spends as much energy as 10 europeans LOL...second in production of renewables means shit when you pollute like crazy and 83% of your energy is not renewable...

as always, your penis is small :2 cents:

We get it, when your life sucks blame big bad America.

How is that our fault that we have the luxury you don't have - sleep at night with light ON?
I bet Vegas alone consumes more energy than entire Serbia. And you can't see your penis in the dark.

Whats funny is that other former Yugoslavian republics do twice or three times better than Serbia. Look at Croatia, Slovenia or Montenegro. GDP x2 or x3 of Serbia. Who do they blame? Us!

Will this affect the price of my egg rolls?
That's all I care about.

I suppose you're not a dropship millionaire yet :winkwink::1orglaugh

Fake news. Other than "loyal". :1orglaugh

oh nooooo....I pay way less for pussy and labor than you do...noooo....I wish I payed more like americans :1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh


serious story: an american outfit hired some programmers here, their monthly costs in the USA were around 50K just to break even...here in serbia it is just 8K :thumbsup:thumbsup:thumbsup

moral of the story: if you are a peasant worker then things like GDP matter to you....on the other hand, if you are an employer who sells globally then LOL@your obesity :1orglaugh:1orglaugh:1orglaugh

Considering the voter demographics, the average IQ of a Trump voter is at least one standard deviation higher than that of a dem voter