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Stocks are getting whacked as Trump moves toward an all-out trade war with China





Worried nervous trader

  • President Donald Trump threatened an all-out trade war with China by announcing the possibility of tariffs on an additional $200 billion worth of Chinese goods.
  • The S&P 500 is set to open lower by about 1%.
  • Traders are moving into the safety of the US dollar and Treasurys.

US stocks are set to tumble at the open after President Donald Trump threatened an all-out trade war with China. The S&P 500 is set to open lower by about 1% after heavy overnight selling dropped China’s Shanghai Composite (-3.78%) to its lowest level in two years.

“Therefore, today, I directed the United read more >>>

Source:: BusinessInsider.Com

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