CollegeSportsUnfiltered.com

College sports... without the power-hungry mods!

You are not logged in.

#1 2019-05-16 08:47:57 - China Tariffs - Stock Market

Nugget's Ghostbuster (1627)
Member
From: U.S. Department of Interior
Registered: 2017-08-25
Posts: 5,767

China Tariffs - Stock Market

CBS, MSNBC, CNN, NBC on Monday - China tariffs clobber US Stock Market. U.S. stocks had their worst day in four months on Monday after a series of escalations in the U.S.-China trade war. The Dow lost 617 points, or almost 2.4%, closing at 25,324. The S&P 500 lost 2.4% while the tech-heavy Nasdaq composite lost 3.4%. Last week, tensions escalated between Washington and Beijing, starting with a tweet from President Donald Trump on Sunday, May 5. Trump threatened further tariffs on Chinese imports, and his administration followed through on Friday, when it raised tariffs to 25% from 10% on some $200 billion worth of imported goods from China.

CBS, MSNBC, CNN, NBC 48 hours later when the DOW is back to 25,900

giphy.gif


"There was a great deal of character on that field today. They are for real, no doubt about it. This was no fluke." - Coach Paul "Bear" Bryant

Offline

Liked by:

#2 2019-05-16 18:37:52 - China Tariffs - Stock Market

AndreWhere (1252)
Member
From: Decatur, GA
Registered: 2017-08-24
Posts: 8,746

Re: China Tariffs - Stock Market

People overlook the fact that tariffs are paid directly to the federal government and offset the deficit it's running.

China: paying the taxes Americans won't pay.


Bring back Reed V. "Pie" TurkPalmer Eustachy.

Offline

Board footer