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Trump's trade war escalation has sent Chinese stocks tumbling to multi-year lows (gosh darn)
Business Insider ^ | 9 hours ago | Sam Jacobs

Posted on 06/19/2018 7:24:51 AM PDT by cba123

Markets in China immediately fell into a sea of red at the market open on Tuesday in Asia, following a further escalation of trade tensions between Beijing and Washington.

(please see link, for full article)

(Excerpt) Read more at yahoo.com ...


TOPICS: Chit/Chat
KEYWORDS: america; china; stocks
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You know, China could just cooperate with Donald Trump.

Seems like the easier option, to me.

1 posted on 06/19/2018 7:24:52 AM PDT by cba123
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To: cba123

https://www.yahoo.com/finance/m/643865d3-154a-35ed-b3fc-6f6bb20b476a/ss_trump%27s-trade-war-escalation.html


2 posted on 06/19/2018 7:25:18 AM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123

China needs to understand the days of it stealing the US Economic wealth with the willing collusion of our government to do so is over...

Short term pain will result in long term gain


3 posted on 06/19/2018 7:26:18 AM PDT by HamiltonJay
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To: cba123

Yeah—Market doesn’t budge after highly successful summit with Norks, but China harrumphs and everyone bails.

Please.


4 posted on 06/19/2018 7:28:34 AM PDT by Arm_Bears (Hey, Rocky--Watch me pull a rabbit out of my hat!)
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To: cba123

Leverage and a show of our power. Once the denuclearization of NK is completed with China’s help, sanctions will be eased until the next time we need to use them. The loss of wealth for the Chinese elites and ruling class must be putting tremendous pressure on the regime to cooperate. They’ve lost billions.


5 posted on 06/19/2018 7:31:20 AM PDT by ExpatCanuck
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To: cba123

Trump: “We expect fluctuations”

Xi: “Oh yeah? Well fluctuamericans too”


6 posted on 06/19/2018 7:31:56 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare itself.)
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To: cba123
When it comes to trade, the countries of the world have been treating the US like $10 ho. And as POTUS has pointed out, the previous admins. were all complicit in the pimping.

Time for corrective action.

7 posted on 06/19/2018 7:36:12 AM PDT by deadrock
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To: cba123

Without the globalist Uniparty to assist China to economically strip mine America they are about to learn what happens when your largest customer closes the wallet and your export based economy collapses. Trump is once more showing how our previous leaders sold us down the river to enrich themselves at our expense.


8 posted on 06/19/2018 7:36:52 AM PDT by Gen-X-Dad
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To: Gen-X-Dad

I agree completely.

You nailed it.

Good post.


9 posted on 06/19/2018 7:38:08 AM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123

This price drop is interesting because many Chinese - being obsessed with getting rich - are highly leveraged in the stock market, so this could have a serious ripple effect, maybe even taking down some banks

... watch the stories coming out of China over the next week


10 posted on 06/19/2018 7:38:59 AM PDT by canuck_conservative
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To: Arm_Bears
summit with Norks, but China harrumphs

They're linked

11 posted on 06/19/2018 7:39:20 AM PDT by Poison Pill
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To: deadrock

Right.

This is long, long overdue. In my view.


12 posted on 06/19/2018 7:39:20 AM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: deadrock

“When it comes to trade, the countries of the world have been treating the US like $10 ho. And as POTUS has pointed out, the previous admins. were all complicit in the pimping.
Time for corrective action.”

You nailed it right there. This whole issue (IMHO) has to be one of the more infuriating ones facing this country. Other countries come in and dump their goods on us - but if we complain and try to do something about, we’re accused of being “protectionist” or starting a trade war.

If these other countries were REALLY committed to fair and free trade, they’d listen to what we’re saying instead of retaliating by slapping tariffs on our goods.

For the first time in a very long time, we have a President who wants to do something about this issue and yet all we get is a lot of fuming and gruffing from Corporate America and the stock/bond markets.

It’s beyond despicable.


13 posted on 06/19/2018 7:47:07 AM PDT by MplsSteve
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To: cba123

The horror! The horror!


14 posted on 06/19/2018 7:49:17 AM PDT by WashingtonSource
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To: cba123

15 posted on 06/19/2018 8:06:39 AM PDT by HangnJudge
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To: cba123

BBC wants you think the Chinese Communist Party is the victim ,LOL


16 posted on 06/19/2018 8:07:14 AM PDT by butlerweave
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If China is SMART they would settle with TRUMP unless they want to see their stock market keep falling then they will need to inject $$$ into it like they did a few years ago when the market was going crazy!
17 posted on 06/19/2018 8:07:25 AM PDT by KavMan
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To: HangnJudge

18 posted on 06/19/2018 8:09:30 AM PDT by HangnJudge
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To: cba123

Trump has kicked them in the shins.


19 posted on 06/19/2018 8:14:28 AM PDT by iontheball
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To: lonevoice

Very interesting indeed.


20 posted on 06/19/2018 8:22:06 AM PDT by Pride in the USA
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