Trump threatens ‘massive’ tariffs on China

    https://breakingthenews.net/Article/Trump-threatens-‘massive’-tariffs-on-China/64961921

    Posted by Force_Hammer

    40 Comments

    1. Poundcake2RedVelvet on

      *Gasp*

      so you’re telling me negotiations are NOT good? I would have never guessed!!!

      EDIT: here is a direct word for word copy of the Presidents tweet

      “Some very strange things are happening in China! They are becoming very hostile, and sending letters to Countries throughout the World, that they want to impose Export Controls on each and every element of production having to do with Rare Earths, and virtually anything else they can think of, even if it’s not manufactured in China. Nobody has ever seen anything like this but, essentially, it would “clog” the Markets, and make life difficult for virtually every Country in the World, especially for China. We have been contacted by other Countries who are extremely angry at this great Trade hostility, which came out of nowhere. Our relationship with China over the past six months has been a very good one, thereby making this move on Trade an even more surprising one. I have always felt that they’ve been lying in wait, and now, as usual, I have been proven right! There is no way that China should be allowed to hold the World “captive,” but that seems to have been their plan for quite some time, starting with the “Magnets” and, other Elements that they have quietly amassed into somewhat of a Monopoly position, a rather sinister and hostile move, to say the least. But the U.S. has Monopoly positions also, much stronger and more far reaching than China’s. I have just not chosen to use them, there was never a reason for me to do so — UNTIL NOW! The letter they sent is many pages long, and details, with great specificity, each and every Element that they want to withhold from other Nations. Things that were routine are no longer routine at all. I have not spoken to President Xi because there was no reason to do so. This was a real surprise, not only to me, but to all the Leaders of the Free World. I was to meet President Xi in two weeks, at APEC, in South Korea, but now there seems to be no reason to do so. The Chinese letters were especially inappropriate in that this was the Day that, after three thousand years of bedlam and fighting, there is PEACE IN THE MIDDLE EAST. I wonder if that timing was coincidental? Dependent on what China says about the hostile “order” that they have just put out, I will be forced, as President of the United States of America, to financially counter their move. For every Element that they have been able to monopolize, we have two. I never thought it would come to this but perhaps, as with all things, the time has come. Ultimately, though potentially painful, it will be a very good thing, in the end, for the U.S.A. One of the Policies that we are calculating at this moment is a massive increase of Tariffs on Chinese products coming into the United States of America. There are many other countermeasures that are, likewise, under serious consideration. Thank you for your attention to this matter!

      DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA”

    2. BruceStarcrest on

      Hard to negotiate when two courts have ruled tariffs paid by American citizens are illegal. 

    3. PolloConTeriyaki on

      He’s pissed that someone from Venezuela won the Nobel Peace Prize and now he has to take it out on *checks notes* the economy.

    4. Proof-Point-4044 on

      He’s mad he didn’t get the peace prize so he’s gotta do some market manipulation to stroke his ego.

    5. is this a result of the Chinese announcing new restrictions on rare earths, or maybe its because he hasn’t been able to drop their ban on soybean imports.

    6. TranslatorRoyal1016 on

      Can someone take the tariff toy from the orange baby already? It’s been this way since day 1 and it’s getting really, really old

    7. Awwww is someone a little upset he didn’t receive the Noble Peace Prize? And friendly reminder that Trump is a child rapist. Release the unredacted Epstein files.

    8. Like do yall see the trend someone is getting paid back from Chief Agent Chaos. Market goes up and up then he is like lets Tweet some bs and let’s drop it Back down we have to find the people to shadow someone is getting the insight before these tweets or you all think they are spur of the moment random thoughts that goes into supreme leaders mega mind?

    9. I’m glad he did. Was sitting on cash from last swing exit looking for an entry. Sometimes fools help

    10. Again another temper tantrum where he acts like a 5 year old, “I’m canceling my meeting with Xi” wish he was an adult and had the courage to go to the meeting and work through issues just like all adults do

    11. Witty_University_162 on

      can someone look into the SPX put volume just before this announcement? id like to see something haha

    12. At one point, when does this start to look like market tampering? “Let’s get my friends a few discounts….”

    13. BitLikeSteveButNot on

      What happened to the markets either knowing he was full of shit or not giving a fuck then?

    14. He can’t throw ketchup over not getting the Nobel Peace Prize, so he throws the markets to the dogs.

    15. C130J_Darkstar on

      Seems very bullish for domestic minerals and energy sources, Oklo for example due to their nuclear recycling vertical

    16. Competitive_Swing_59 on

      Nobel Friday Tantrum. Didnt win the prize , might as well up the tension with China.

    17. I have a celebration planned for the day Don Trump is finally silenced – what a big mouth.

    18. Business_Usual_2201 on

      Alternate Headline: “Economically Illiterate Moron Who Started Unnecessary Trade War Angry That A Country Actually Fighting Back”

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