Liberal Forum

Blackvegetable » Today, 8:25 am » wrote: ↑

Today, 8:25 am

US Emerges as Biggest Loser in Markets From Trump’s Tariffs

https://www.bloomberg.com/news/articles ... -s-tariffs

President Donald Trump’s shake-up of the global trading system is hurting US assets more than those in many of the big economies he has just slapped with additional tariffs.

US equity index futures tumbled more than 4% after Trump announced a sweeping series of tariffs following the market close on Wednesday, and a gauge of the dollar slumped. But the impact elsewhere was less extreme. The Stoxx Europe 600 was down 1.9%, while the euro was up 2.2% against the dollar, hitting its highest level since October. A broad gauge of Asian stocks fell as much as 1.7%.

The widespread selloff in global markets makes clear that investors don’t expect any winners from the latest — and by the far the largest — salvo in a growing trade war. But they also suggest the US itself might be one of the biggest victims of Trump’s protectionist policies.

If you're gonna bet on any contrarian, choose the one who lost a fortune on casinos...

Not IN them, mind you....

Geeeee, how cute.

Funny how ALL THESE NATIONS are working double overtime now to play "Let's make a deal"!! Phone is ringing off the hook and not only that, the CAR MAKERS GM, FORD, AND SOLANTUS are ALL moving more and more operation BACK TO THE US, expanding workforce, and turning AMERICAN MADE into REAL AMERICAN MADE CARS!!

And that's just the US Auto makers. Not to mention Computer chip makers, textiles, hard consumer goods, etc. are ALL making new commitments to "Made in America" goods.

So your boy DOOMberg is smoking crack and trying as they ALWAYS DO, tear down Trump with every negative ninny out there they can find. Funny how they wrote the SAME **** 8 years ago and none of it materialized. SSDD, DIKSUKM!! But you still gobble down their TURDS like candy!!