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#1 2019-05-16 09:47:57 - China Tariffs - Stock Market

Nugget's Ghostbuster (991)
Member
From: U.S. Department of Interior
Registered: 2017-08-25
Posts: 3,645

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

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#2 2019-05-16 19:37:52 - China Tariffs - Stock Market

AndreWhere (858)
Member
From: Dunwoody, GA
Registered: 2017-08-24
Posts: 6,620

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.

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