Stocks, Yuan, Commodities Slump On Report Trump To Proceed With Next $200Bn In China Tariffs

…millions of exuberant stock-buying voices cried out in terror, and were suddenly silenced.

Headlines from The Wall Street Journal that merely confirmed what everyone and their pet rabbit already knew – that $200 billion more China tariffs were set to hit next week as the comment period expires – sparked selling… everywhere.

While WSJ admits that Trump has yet to make up his mind, they report sources say he backs the additional tariffs (which anyone who can fog a mirror would know from his stance for the last month).

US Stocks dumped…

Boeing and CAT crumbled…

Yuan is getting whacked…

Copper is getting clubbed…

 

“surprise” – Trump’s not backing away from China!

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Author: Tyler Durden

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