The Chinese stock market took a 5% dive today, and over a thousand companies dropped 10% or more.
Looks like the Government is starting another big round of using their foreign reserves to prop up their markets - maybe their currency will be next.
We may well hear them cry uncle before the Summer is out. If they ride it into the ground out of pride and stubbornness, all the better.
Just read an article from James Cramer (CNBC). He said China may fold much earlier than people think.
Anyone whining about these tariffs is a statist loser who wants US citizens on permanent welfare.