Published On: Fri, Jul 20th, 2018

Trump ‘ready’ to put tariffs on all Chinese goods

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Trump is a human hand-grenade

Any time Trump is awake, markets need to be on guard.

His latest tweets roiled markets and earlier today his comments to CNBC showed he’s ready to put tariffs on all $505 billion of US imports from China.

“I’m ready to go to 500,” the president told CNBC. “I’m not doing this for politics, I’m doing this to do the right thing
for our country,” Trump said. “We have been ripped off by China for a
long time.”

The trade for the past year has been to fade Trump’s comments on trade, will this be any different? The comments landed about three hours ago and began to roil markets but even now, US equity futures are down only modestly.

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