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Dow, S&P, and Nasdaq all on track for a 3rd negative month in a row.....thanx Trump
China suspending Boeing orders. Art of the Deal?
The reality, regardless of how the CCP spins it, is that Xi is in trouble. BIG TROUBLE. The wealth gap in China is astounding. You are either a basillionaire oligarch (a fraction of 1%) or you are labor class--and are fed, housed, given work, etc. by the oligarchs. Almost 40% of Chinese exports end up in the US and a 1% decline in this can mean a million workers out of jobs--who must still be fed, housed, and such at the expense of the oligarchs. Eventually the oligarchs will have enough of it and Xi will have an even bigger problem.
You've got to be patient. He's the greatest businessman of all time. Just ask the bankruptcy courts and all of the people who have still outstanding debts with him.1376 days left (unless something tragic were to happen before then) until normalcy returns.
Almost 40% of Chinese exports end up in the US
If DJT and his “clan” accomplish this same plan where China is today starting in 2025, the USA will be in the same place as China currently is today!
China exports 3 times the goods to the USA than the USA exports to China also in that communist country they have to carry the water for all those people not working including rent.The USA will be affected much less than China in this.
From Newsnation ....."EU officials want to work toward achieving “zero-for-zero reciprocal tariffs for all industrial goods including cars,” officials said in a statement released on Tuesday after meetings took place Monday.The EU said that the two parties will have more discussions moving forward. EU Trade Chief Maros Sefcovic met with Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer."I like the sound of that !!