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  • Did Policy Statement Made In Trump Interview Tank China’s Economy?

Did Policy Statement Made In Trump Interview Tank China’s Economy?

ClashDailyFebruary 6, 2024February 6, 2024
This post originally appeared on ClashDaily.com

Investment, done effectively, involves anticipating a trend so you can enter and exit at the right moment while the crowd rides waves of panic and greed. That means paying close attention to the variables that move the needle on your investment.

Massive trade tariffs are exactly the sort of thing that can move a needle… and an American president is directly empowered to make executive decisions in that area.

So when the front-runner from one party (who is trending up in the polls) makes an offhanded statement on a Sunday morning show about massive changes to international tariffs — investors will react to that.

This is exactly what the latest massive one-day drop in China’s markets was attributed to.

The relentless slide in Chinese stocks, which had seen them underperform Wall St equivalents by more than 20% over the past three months alone, has snowballed amid foreign capital flight, tense geopolitics and deepening domestic deflation due to a property bust the government is struggling to stabilise.

The rout was spurred this week after Republican presidential candidate Donald Trump said he would impose tariffs on China again if he is elected in November and they could exceed 60%.

As the Biden administration sent five senior U.S. Treasury officials to Beijing this week for economic talks, meantime, Tuesday’s local market bounce seemed to be inspired by a wave of anxiety in Beijing about the potential for a downward spiral. — USNews

Where did Trump make a statement like that?

That would be during his interview with Maria Batriromo on Sunday Morning Futures.

China may own the Biden crime family lock, stock and barrel, but if this chart is any indication, Trump knows exactly which levers need pulling to put Xi back into his little box.

Remember that guy who talked about speaking softly and carrying a big stick? ONE of the two main parties’ 2024 candidates actually LIVES by that principle.

A weak president quickly becomes a doormat for other countries to exploit. (We have proof!) But a strong one? With a strong leader in office, a foreign nation could have no better friend and no worse enemy than America.

And that’s exactly how it OUGHT to be.

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This post originally appeared on clashdaily.com

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