Tariffic Tuesday

“President Trump’s threat to impose tariffs on almost every Chinese product that crosses the border is driven by a belief that China has more to lose from a trade war than the United States, a top White House trade adviser said on Tuesday. It’s a gamble that has put markets on edge and prompted increasing concern among American companies that depend on access to the world’s second-largest economy.” NYT: White House Sees U.S. Winning Trade War With China. (My stock portfolio seems less certain of that outcome…)

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