Nice Little Economy You Had There… Trump to Impose 200B in New Tariffs on China.

Dumb-ass gonna dumb-ass.

Washington Post

“President Trump has decided to impose tariffs on $200 billion in Chinese goods, two people briefed on the decision said, one of the most severe economic restrictions ever imposed by a U.S. president.

An announcement is expected to come within days, the people said, speaking on the condition of anonymity because they weren’t authorized to discuss internal plans.

The new tariffs would apply to more than 1,000 products, including smartphones, televisions and toys. These penalties could drive up the cost of a range of products ahead of the holiday shopping season, though it’s unclear how much.

Trump has ordered aides to set the tariffs at 10 percent, likely leading to higher prices for American consumers. These tariffs are paid by U.S. companies that import the products, though they often pass the costs along to U.S. consumers in the form of higher prices.”

Anything to change the subject from Manafort.

Even a huge dip in the Dow Jones.