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  • President Trump: China 'Broke The Deal'

Added at 8:41pm

  • Trump Says China ‘Broke the Deal’ and ‘They’ll Be Paying’

    From bloomberg.com

    President Donald Trump declared that China’s leaders “broke the deal” that he was negotiating with them on trade, leading him to raise tariffs on billions of dollars in Chinese imports. “They broke the deal!” Trump said at a campaign rally Wednesday night in Panama City Beach, Florida. The president noted that top Chinese trade negotiator Liu He is traveling to Washington tomorrow for further talks. “Good man,” Trump said, “but they broke the deal.” The U.S. has said it will raise tariffs on $200 billion of Chinese goods to 25 percent from 10 percent on Friday after alleging China reneged on ... (full story)

Added at 8:54pm

Added at 8:54pm

usd weak
Trump threatened China with more tariffs while they were negotiating their trade deal. That;'s not how to negotiate and China's response is completely in order......
This politics is getting to much. Cant we just have some calm markets for some time.
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Quoting Johuakiura
This politics is getting to much. Cant we just have some calm markets for some time.
no1 rule ........ volatility
  • Post #7
  • Quote
  • Edited at 9:26pm May 8, 2019 9:03pm | Edited at 9:26pm
nothing new , the old stuff. common Bla bla for campaigns he fucked the markets . but they will get a deal even if later.
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  • | IP XXX.XXX.201.46
Quoting Johuakiura
This politics is getting to much. Cant we just have some calm markets for some time.
Trade the wiener, if it falls on a floor you loose 10 cents, if your able to sell a dog with sauerkraut you make a buck.fifty, nice quiet market I should say.
Sorry, can anybody explain why his statement make USD weak ?
Shouldn't it making it stronger ?

Now everybody investing in US's manufacturing companies since the tariff to import products from China goes higher.
Is my understanding a mistake ?,

Please somebody enlight me.
Yesterday oz $ up now by that news down again...wow..what a trading😂
Fuck Aussi is getting sold constantly , who selling at this support level , oh my god !!!
Trump says 'don't worry' on China, 'it will all work out'

can anyone tell me what is this mean ??? is the china accept the deal ??
Quoting 1416ksr
Trump says 'don't worry' on China, 'it will all work out' can anyone tell me what is this mean ??? is the china accept the deal ??
i think so yes , cause all this panic now is for correction . this stupid trump want to boost the market . Stocks down less richer people in USA . he needs to renew his presidency so dont worry
is this good for usd??? i'm the new trader
Quoting Expo33
Hidden
That's what news is dumb ass, explaining whats going on in the world.
Quoting Expo33
Hidden
Ya looks like he can't wait to go down hard on president Xi.
Trump is a voice phenomenon. He is a real merchant and trader. Every time he makes such an extreme comment it ends by a good deal signed at the end. He is very good in manipulating his counter party's psychology
Trump may be good at negotiating deals in real estate but he's hopeless, indeed stupid, in negotiating in the political arena, He should be trying to keep the financial markets level. He's a real amateur compared to the likes of Merkel,
Quoting Jr123
{quote} Ya looks like he can't wait to go down hard on president Xi.
Classic millennial speak. Why are millennials so obsessed with orally pleasing other men? Oh that's right, a childhood filled with free porn, the scourge of the earth.
LOL @ FF.

Verbally attacking someone and calling them dumb ass, totally acceptable,

Saying the word leftwing, totally unacceptable and must be censored.
Dow down 200pts in the pre-market, Im short and looking for 400pts
Quoting Ghass1234
Fuck Aussi is getting sold constantly , who selling at this support level , oh my god !!!
I think these are Aussie banks, Its totally confusing on AUD/JPY too. there was a big wave of selling in London session too. Hard to believe that Aussie banks are playing this dirty game.
come on Trump, say something else so I can retire!!!
This is the easiest short ever!!
  •  Guest
  • | IP XX.XX.125.41
For Information
QUOTE: "China ‘Broke the Deal’ and ‘They’ll Be Paying’" Untrue.
US Consumers and taxpayers will be paying.. US Farmers will be Paying... Tariffs are a Stealth Tax.
QUOTE: “We have billions of dollars coming into our Treasury — billions..,” (POTUS Jan24-2019).??
Chinas not paying. US Consumers are paying. Its a TAX.

Evidence?
CRS (February) ..."Tariffs have led to a YoY increase of 12% on the price of washing machines in US".
Peterson (PIIE) .."Steel and alum tariffs increased price of steel products by 9% last year, (+$5.6 billion)."
Fed (RBNY/, PrincetonU & ColumbiaU) - "Chinese, and Steel&Alum tariffs cost US companies and consumers $3 billion a month in additional taxes and companies + $1.4 billion in efficiency loses in 2018.

It didnt work for Bush in 2002. Lifted 2003 when Analysis revealed tariffs damaging US GDP and Jobs.
Summary here: http://eprints.lancs.ac.uk/48759/4/SteelSafeguard.pdf
#ffw
looking to reverse my short position when the Dow has dropped 350 pts with a 100 pt stoploss
Quoting blurstar
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Quoting blurstar
Hidden
Lmao

Previous presidents have initiated wars that have resulted in countless deaths, and yet Cheeto man is the pinnacle of all evil.
Trump has to realize that China is not a Latin sandbox "banana republic", where US applies it's foreign Policy. He's maybe a good negotiator and manipulator in real estate but as mentioned here earlier, this is not real estate negotiation process.
US is now harvesting what they have seed from the mid 70's and which the rest of the World have followed. They have created this giant which is every year less probable to lay down on the knees. There is currently no way how to switch production back to US, Europe as it was before that. Of course they can still switch production to Mongolia, Laos, Chad, Niger Somalia or northern part of Antarctica once the ice melts down.

But Mr.D has a different role in his office and that is a total market collapse.
Quoting xjames26
Trump has to realize that China is not a Latin sandbox "banana republic", where US applies it's foreign Policy. He's maybe a good negotiator and manipulator in real estate but as mentioned here earlier, this is not real estate negotiation process. US is now harvesting what they have seed from the mid 70's and which the rest of the World have followed. They have created this giant which is every year less probable to lay down on the knees. There is currently no way how to switch production back to US, Europe as it was before that. Of course...
Of course they can still switch production to Mongolia, Laos, Chad, Niger Somalia or northern part of Antarctica once the ice melts down. and when will that happen
  • Post #36
  • Quote
  • Edited at 11:16am May 9, 2019 7:22am | Edited at 11:16am
You have to wonder if Trump will actually last the 543 days until the next US Presidential Election, let alone beyond. The vultures are circling.
Quoting Lamplighter
You have to wonder if Trump will actually last the 543 days until the nest US Presidential Election, let alone beyond. The vultures are circling.
Clowns like you have done alot of "wondering" ever since Trump stepped on the scene.
  • Post #38
  • Quote
  • Edited May 10, 2019 7:36am May 9, 2019 11:29am | Edited May 10, 2019 7:36am
Quoting ClinicalEx
{quote} Clowns like you have done alot of "wondering" ever since Trump stepped on the scene.
'Clowns like you' are ten a penny - so invested in the maundering narrative of the mesmerist in chief. The fact that there's none yet to replace him is the crux of it. Just look at the fallout of these last 2 years - the highest rate of staff turnover of any US President preceding his incumbency. Would anyone really want to work for the guy - unless you're one for cultish loyalty and self-abasement.
Quoting Lamplighter
{quote} 'Clowns like you' are ten a penny - so invested in the maundering narrative of the mesmerist in chief. The fact that there's none yet to replace him is the crux of it. Just look at the fallout of these last 2 years - the highest rate of staff turnover of any US President preceding his incumbency. Would anyone really want to work for the guy - unless you're one for cultish loyalty nd self-abasement.
yes
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  • Story Stats
  • Posted: May 8, 2019 8:29pm
  • Submitted by:
     Newsstand
    Category: Medium Impact Breaking News
    Comments: 39  /  Views: 9,408