justoffal
Diamond Member
- Jun 29, 2013
- 24,835
- 16,853
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Yawwwwwwwwn....Yes, I do.
So, provide your "proof".
You need to look over your cliff notes on your final exam from Trump U.?
WTF?
Tariffs are immediate, why do you think wall street was affected by 623 points?
August 8 2019
President Trump on Friday announced plans to increase tariffs on hundreds of billions of dollars in Chinese goods in a sweeping response to duties announced by Beijing earlier in the day.
Trump lashed out hours later, calling Chinese President Xi Jinping an “enemy” and tweeting that U.S. companies should seek “an alternative” to doing business in China.
The president does not have the authority to dictate the actions of private businesses, but the tweets rattled investors and triggered a mass sell-off on the stock market. The Dow Jones industrial average closed with a loss of 2.4 percent, a 623-point drop, while the Nasdaq composite and S&P 500 ended Friday down 3 percent and 2.6 percent respectively.
"A cure"?
January 9 2020
American consumers and businesses paid at least $42 billion for the tariffs as of October 2019, according to an analysis from Tariffs Hurt the Heartland (THH). In October 2019, the trade war cost an additional $7.2 billion through tariffs, an $1 billion increase from October 2018.
Sheesh....Another Wellington J Wimpy. Be well with your failed policies. Do continue to plod forward with the misconception that you can
Pay on Tuesday. It's not my job educate you.
Jo