Dow Shrugs off Trump’s Terrifying Half-Trillion Dollar China Threat

By CCN: Dow Jones futures pushed higher in early trading Thursday, seemingly ignoring Donald Trump’s latest trade threat. According to Reuters, the president said he was prepared to slam China with tariffs on all Chinese imports: “I could go up another at least $300 billion and I’ll do that at the right time.” Not content with the existing tariffs on $200 billion worth of Chinese imports, the newest threat would take the total figure to half a trillion dollars. That’s the entire value of all Chinese imports. If he follows through, it would undoubtedly have a negative effect on the

The post Dow Shrugs off Trump’s Terrifying Half-Trillion Dollar China Threat appeared first on CCN

Source: https://www.ccn.com/dow-trumps-terrifying-half-trillion-china-threat

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