Trump hits China with broad limits on tech investment, moves forward with $50 billion in tariffs ahe

[alfie]

Source: Washington Post

The investment limits and tariffs are part of a broad crackdown aimed at limiting China’s ability to acquire U.S. technology.

The announcement comes less than 10 days after Treasury Secretary Steven Mnuchin said that the trade war with China was “on hold.” Commerce Secretary Wilbur Ross is due to arrive in Beijing on Saturday for talks aimed at cooling trade tensions between the two countries.




Read more: https://www.washingtonpost.com/news/business/wp/2018/05/29/trump-hits-china-with-broad-limits-on-tech-investment-moves-forward-with-50-billion-in-tariffs-ahead-of-key-trade-meeting/?utm_term=.b0f2b20478e3

[Botany]

1. But still no tariffs on cheap crap for Ivanka's fashion line

n/t

[beachbum bob]

2. instability does nobody any good....

chaos method for economy will not work

[workinclasszero]

3. It's working great for Trump's crime family.

For ex-Harley-Davidson workers and soon to be bankrupt family farmers, not so much.

[Tom Rinaldo]

4. Trump has to do something to look tough on China now (that doesn't hurt his families fortunes)

He is so fucking transparent. The uses the USA as collateral for his personal deals.

[Bengus81]

5. Funny how Ivanka and her imported CRAP keeps dodging the ax....Hmmmmmm

[RDANGELO]

6. Here we go with the sledge hammer again.

China won't negotiate; they will just retaliate, which will hurt everybody.

[SayItLoud]

7. Is the SEC watching?

We KNOW;

tRUMP speaks on his unsecured cell phone to guys like Carl Icahn and other savvy investors (or crooks).

He seeks their advice and tells them what he is thinking....then he tweets and the stock market rockets 100's of points one way or the other.

Even a non savvy investor could play this information for millions of $. Buying long, selling short, covering spreads, and options.

The SEC needs to be investigating trades around tariff tweets, specific commodities etc.

If not, then the average investor is getting screwed ...again by these grifters in the Oral Office.