Diversification by Twitter: How Trump’s Trade Tactics Are Changing Financial Markets

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Guest Blog By: Daniel Satchkov, CFA – RiXtrema Market Commentary

Donald Trump yesterday suddenly threatened to increase tariffs on many Chinese goods from 10% to 25% effective this Friday. He also threatened to institute many new tariffs. According to his math, the new tariffs will amount to 25% on about $375 Billion in goods or roughly $94 Billion per year. Chinese Communist Party is not yet used to bludgeoning by Twitter and Shanghai Stock is down 6% for ...

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