US EditionTrump, China tariffs and the Wall Street bubble
3 Articles
3 Articles
Trump revived the TACO trade by threatening China and then quickly backing off. If two trillion paper dollars were wiped out in New York on Friday, optimism returned with the new week. Trump's assurance that a deal would be reached with China was enough.
Donald Trump as Our Mad Emperor of the Bubble - LewRockwell
These days the Wall Street Journal probably ranks as America’s most influential and credible print outlet, so Friday morning’s front-page story describing a sudden new escalation in our episodic trade war with China caught my attention. As emphasized in the first several paragraphs, the Chinese had suddenly imposed an unprecedented new wave of licensing requirements on the import and use of the rare earths that they mine and refine, as well as t…
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