Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
Trump Is Screwing Up Trade Big Time
Posted
March 27, 2018
Views
5,076
Likes
193
Comments
40
Engagement
4.59%
March 27, 2018
5,076
193
40
4.59%
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2:24Now PlayingIn this Majority Report clip, we discuss how bad Donald Trump is screwing up trade.
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---The US markets have made a bright start after last week’s rout following news that the US planned to impose $60bn of tariffs on Chinese imports.
Investors have turned slightly more positive on hopes that the US and China could resolve the row before it turned into a full blown trade war, following positive comments over the weekend from US treasury secretary Steve Mnuchin. S&P said we were not in a trade war yet but much would depend on China’s plans for retaliation to the $60bn worth of sanctions announced by Donald Trump last week.
So on Wall Street the Dow Jones Industrial Average is currently 430 points or 1.83% higher, while the S&P 500 has climbed 1.6% and the Nasdaq Composite is up 1.98%.---
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