Lie of the Day: Trump Hikes China Tariffs By 10%, Says “Trade Talks On Track”
Trade Tweet Series
The Wall Street Journal reports Trump to Impose Additional 10% Tariff on Chinese Goods.
Gotta Love the Subtitle
“President says next round of trade talks With Beijing are still on track for September.”
What a hoot.
The stock market reversed sharply as did gold. Bond yields crashed.
Manufacturing is already weak. This won’t help.
Mike “Mish” Shedlock