The Dow tumbled at open this morning, falling almost 500 points over fears of Trump’s trade war with China…
BREAKING: US stocks open sharply lower on escalating US-China trade dispute; Dow falls 500 points.
— AP Business News (@APBusiness) April 4, 2018
BREAKING: Stocks plunge at open, Dow slides nearly 500 points https://t.co/gpHP8xAh37 pic.twitter.com/asdNVmossI
— CNBC (@CNBC) April 4, 2018
BREAKING: Dow drops about 500 points at the open as China-U.S. tariff threats boost trade fears https://t.co/rjVUTCWL90
— USA TODAY (@USATODAY) April 4, 2018
Trump is now apparently trying to reassure the market, tweeting this just before the market opened:
When you’re already $500 Billion DOWN, you can’t lose!
— Donald J. Trump (@realDonaldTrump) April 4, 2018
Trump is obsessed with this trade debt, but trade debts don’t really matter all that much.
I know I’ve already said this today, but seriously, I wish he cared this much about the US deficit, that one that actually has an affect on us by adding to our astronomical debt.