WASHINGTON, Oct 10 (Reuters) – U.S. President Donald Trump on Friday said there no reason to meet with China's President Xi JinPing in two weeks in South Korea as planned, adding in a Truth Social post that the U.S. is calculating a massive increase in tariffs on Chinese imports.
Seems like rare earth stocks are up on the news
Trump says weighing 'massive increase' in tariffs on Chinese imports, no reason to meet with Xi
byu/Fidler_2K instocks
Posted by Fidler_2K
41 Comments
He’s acting out cause he didn’t win the Nobel prize.
Might as well do an embargo additional tarrifs above 150 are what, narrative?
Did china even reply last time he flexed? Didn’t they just keep increasing tariffs and said there is no point raising anymore because you’re not competitive. Did he learn nothing 6 months ago.
It is absolutely that insane to me that nothing will be done about this obvious market manipulation.
Ok what cheap-ass Trump products does he want manufactured for virtually free this time?
Here we go again
I doubt any issues will be resolved by meeting one on one. They met before in Florida. After the meet Trump hinted Xi as a person could not be trusted. If he has the upper hand no need is best way.
No nobel peace prize, sore loser lol
Didn’t win peace prize, increase tariffs on everybody.
Is this the big pop we are witnessing as we speak?
Carrot top trying to kill the markers again?
well I just got slaughtered
Military members watching their portfolios drop and then getting no paychecks… not going to be a fun one.
Art of The Deal! /s
Trump really wants that Nobel prize and he’s turning up the screws on China to have them force Russias hand. Classic Trump.
Ah, so buying day
I’m sure this will be resolved by Monday
Dumb question but what does export controls do for china?
Another day, another distraction from the Epstein files
fool me once shame on you fool me twice shame on me, there is no point in taking this clown seriously i’ll just buy and hold like always nothing changes
I hate this market , I sold the top in February so i didn’t miss much of the uptrend, but it’s been extremely hard holding things for long when there is war on the horizon. Every trade war ends in a hot war. It’s one of the reasons we the US and Europe created globals trade after WW2. When is the question
China literally does not give a fuck anymore.
This is why the market is down today?
I feel these guys love to manipulate the market and drop bad news verbally then scoop up deals when on Monday they say nah never mind.
It always happens on Friday. I’m surprised it wasn’t at 350pm
My alibaba, salesforce and shopify getting smoked
Market manipulation at its finest
No bottom…?
Xi deal is off the table
Instantly lost 4k with my shares
TACO
He and his buddies must want to buy stocks.
Manufactured.
Bought some more AMZN since i missed out when it was at $218 like a week ago
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
remember last time.
taco
buy the dip. always
More winning incoming for folks with money for dips.
So he didn’t learn his lesson with the soybeans, huh?
And here comes the tantrum.
My rare earths are going bananas
Thank you for your attention to this matter
Chinese retaliation on shipping gets him.
lol I was selling a bunch of stuff to reorganize my ROTH and this hits? LOWER. I AM BLESSED WITH DRY POWDER
That’s really going to fix inflation! 🤪
Just before Christmas- yay
Why would China want to deal with Trump or the usa after Trump in his previous presidency put all the blame on the the Chinese government for covid. He made numerous insults to a government that takes pride and honour very seriously. They have been placating Trump since his re-election and are taking the slow way to revenge, one item at a time. Revenge is a dish best served cold, and China is great at playing the long game.