Trade War Escalates: Xi Responds as Trump Triggers Global Rerouting
@Mickey082024:
$S&P 500(.SPX)$ $NASDAQ(.IXIC)$ Trump’s Massive Escalation: The 104% Tariff and a Trade War With No Exit Alright Tigers— this is an emergency update. Things have officially gone off the rails. The U.S.-China trade war has entered a dangerous new phase. What we’re seeing now is an unstoppable force meeting an immovable object. Last week, Trump slapped a 34% retaliatory tariff on Beijing. China immediately responded with a matching 34% tariff of their own. But Trump’s not blinking. We are rapidly heading toward an endgame. As we've said before: you have to prepare for the worst, because at this point, neither side can back down without losing face. Trump is going all in. He’s accusing China of long-sta