The Damage Report
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Trump's China Threat BLOWS UP As Stock Market Chaos Suddenly Erupts
Posted
October 18, 2025
Views
17,276
Likes
726
Comments
96
Engagement
4.76%
October 18, 2025
17,276
726
96
4.76%
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5:33Now PlayingDonald Trump's trade threats with China prove disastrous, after one of his Truth Social posts sends the market into a tailspin. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Trump's Cooking Oil Comment Wipes Out $450 Billion In Minutes'Beijing Will See This As Weakness,' Says China Expert
"President Donald Trump’s comments regarding the U.S. producing its own cooking oil in retaliation against China’s refusal to purchase American-grown soybeans led to a rout in the equity markets within a matter of minutes.
On Tuesday, in a post on X, The Kobeissi Letter highlighted the massive pullback in equity markets during the day, following Trump’s latest trade threat.
“The stock market just erased -$450 billion in 7 minutes,” the post said, adding that it was because “Trump threatened to start producing cooking oil in the US.”"
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