President Donald Trump's latest remarks on Truth Social regarding trade relations with China have had an immediate negative impact on stock futures. His comments reflect ongoing concerns about his tariff policies and their repercussions on economic stability. Trump mentioned that his high tariffs forced China to cease trading, resulting in significant economic distress for them. Although he claimed to have made a deal to stabilize their economy, he later accused China of violating that agreement, further contributing to market volatility. This episode exemplifies the ongoing influence of Trump's statements on financial markets.
The very high Tariffs I set made it virtually impossible for China to TRADE into the United States marketplace which is, by far, number one in the World.
The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US.
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