The USA is all like:
Posted on 10/11/2019 1:44:16 PM PDT by central_va
On Cavuto show that the tariffs scheduled to go into effect cancelled.
(Excerpt) Read more at Foxnews.com ...
LOSING.
this is part of the reason the market sold off
Sven Henrich
@NorthmanTrader
We have no agreement.
We have nothing in writing.
We have agreed to discuss a process on how to consult during which we will discuss what to agree upon.
Now get ready for phase 2 and meeting #14.
Trade wars are easy, didn’t I tell you?
Is that your own highly inaccurate headline?
for what’s its worth..and that might not be much..hedge fund guy tweeted earlier in the week that Trump was told he had to make some kind of deal to get reelected . So hedge fund guy was advising people to trade accordingly,.
Fox news broadcasting now live from oval office trump remarks on china trade agreement. Yes, the 5% tariff increase has been postponed. Us$50B agricultural trade target within 2 years. Trump downplaying biden and impeachment except for iffhand side remark wheres hunter (no kidding those exact words lol)
Wouldn’t it be nice if in return, the U.S. got a concession from China to cooperate in the Biden, Kerry-Heinz, Bulger, etc. scandals. One can dream anyway.
A delay is not “caving”.
These things take a while.
And don't forget to stop and pick up Juan and Judge Mappy.
You my friend are full of it.
Are you not very bright? What’s your problem? Did you ride the short bus to school? Did you go to school? Jeez, why do you label this as US Caves? Why do claim that not raising tariffs from 25% to 30% is terrible news?
“Big agriculture is ruining the USA....
Soybeans??? WTH”
So I guess the announcement that the US is going to sell the largest amount of Soybeans 40 to 50 billion dollars worth is bad news too.
Now I get it, the Chinese have rarely kept their word in the past, but that was because previous American presidents let them get away with it. President Trump won’t. If they refuse to purchase the agriculture and other products they’ve agreed too, President Trump will slap that extra 5% on the tariffs and likely raise it another 5% just to be dick to the Chinese and let them know who’s boss.
And don't forget to stop and pick up Juan and Judge Nappy.
From the zero hedge article:
“During the ensuing press conference, Treasury Secretary Steven Mnuchin revealed that Washington would delay tariff hikes that were scheduled for next week (However, Trade Rep Robert Lighthizer said Trump hasn’t made up his mind about the hike set for Dec. 15).”
So the tariff hikes could still happen.
So celebrate today Free Traitors™, you won and the nation lost.
China will be our new master. All hail.
I think we would have had a bigger sell off if there had been time to digest all of this.. The market liked it at first but as info became to come out I could see the stocks cave.
Who knows what will happen next week. Algos use any little thing to trigger.
Be careful when listening to these folks.
A lot of them frame things very carefully to trash Trump.
I think that’s the case here. We’re not caving.
This may be a strategic move. We just don’t know.
Trump has taken China to task. Nobody else did this.
He has tariffs in place nobody else did.
The USA is all like:
This is how Trump loses a state like Michigan.
Cavuto(?)...as reported by Vanity?
C’mon folks....no one caved.
The talks are being reported as, phase one.
I don’t know what you’re reading....but this is a win, win, win. Do a little googling...
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