In the meantime..China fires back..and the Dow tanks--I hope people are aware of what this may do to their 401k:
Trump’s trade approach under attack as China retaliates on tariffs; markets open with big sell-off
"Dow plunges more than 500 points at market open as investors price fallout of trade tensions.
President Trump’s efforts to calm investors while he launches a full-scale trade war with China showed signs of cracking Monday, as one of his top advisers admitted the approach could damage the U.S. economy, a Goldman Sachs report predicted it might lead to higher interest rates, and China vowed to impose tariffs on $60 billion in U.S. goods on June 1."
Trump’s trade approach under attack as China retaliates on tariffs; markets open with big sell-off
"Dow plunges more than 500 points at market open as investors price fallout of trade tensions.
President Trump’s efforts to calm investors while he launches a full-scale trade war with China showed signs of cracking Monday, as one of his top advisers admitted the approach could damage the U.S. economy, a Goldman Sachs report predicted it might lead to higher interest rates, and China vowed to impose tariffs on $60 billion in U.S. goods on June 1."