China hits back at Canada with fresh agriculture tariffs

SolarWarden said:
😂

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Already talking about stimulus... Celestials know it's going to get bad.
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Real estate bubble will be the 1st to explode.
 
Trump got his (((buddies))) to sell off globally, must be a little insider trading going on too, the really rich never really lose 💰 in a market crash, those guys be riding it down too, shorting the life out of everything.. and be hedged with options trades.
 
onlinpunit said:
Don't panik. Hold tight. Go for pharma shares ! They are immune for at least some more time period.
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India export share to US other than services is a small fraction. Yet Indians do not have faith in our internal consumptions. This bloodbath was not called for.

OTOH, If Trump is trying to devalue the dollar by way of an American recession to boost its manufacturing, it's going to come back to bite in his ass. US is not China.
 
That's what happening if your economy depending too much on USA.

It's a dying empire.

I never see a country who try to make their country again, by launching an economic bomb to destroy their own economy and the rest of the world.
 
Menthol said:
That's what happening if your economy depending too much on USA.

It's a dying empire.

I never see a country who try to make their country again, by launching an economic bomb to destroy their own economy and the rest of the world.
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Beginning of an end to US economic hegemony???

All effected nations need to stand firm on this Black Monday initiated by a mad man. Stand firm and stare back for an equal economic reply.
 
Hamartia Antidote said:

Asia-Pacific markets extended their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs fueled a risk-off mood.

Hong Kong markets led losses in the region, with the Hang Seng Index declining 8.95%. Meanwhile, mainland China’s CSI 300 fell 5.41%.

Over in Japan, the benchmark Nikkei 225 lost 5.92% to hit an 18-month low while the broader Topix index plummeted 5.94%. Earlier in the day, trading in Japanese futures was suspended due the market hitting circuit breakers.

In South Korea, the Kospi index pared some losses and was last down 4.11%, while the small-cap Kosdaq declined 3.41%.

Australia’s S&P/ASX 200 also pared some losses to 3.78%. The benchmark slid into correction territory with an 11% decline since its last high in February, in its previous session.

U.S. futures dropped as investors’ hopes of the Trump administration having successful negotiations with countries to lower the rates were dashed.

Meanwhile, U.S. oil prices dropped below $60 a barrel on Sunday stateside. Futures tied to U.S. West Texas intermediate crude fell more than 3% to $59.74, their lowest since April 2021.

Trump’s top economic officials dismissed any fears of inflation and recession, declaring that tariffs would persist whatever markets may do.

Stocks in the U.S. sold off sharply last Friday, after China retaliated with fresh tariffs on U.S. goods, sparking fears of a global trade war that could lead to a recession in the world’s largest economy.

The Dow Jones Industrial Average dropped 2,231.07 points, or 5.5%, to 38,314.86 on Friday, the biggest decline since June 2020 during the Covid-19 pandemic.

The S&P 500 nosedived 5.97% to 5,074.08, its biggest decline since March 2020.

Meanwhile, the Nasdaq Composite, which captures many tech companies that sell to China and manufacture there as well, dropped 5.8%, to 15,587.79. This takes the index down by 22% from its December record, representing a bear market in Wall Street terminology.
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If you read carefully what is the Trump plan...

In the end he want USD value to fall.

It's not a small fall, the fall should be able to make USA products competitive in the international market.

The worst of all will be USA.

If you are smart, you should hedge your wealth right now.
 
hembo said:
Beginning of an end to US economic hegemony???

All effected nations need to stand firm on this Black Monday initiated by a mad man. Stand firm and stare back for an equal economic reply.
Click to expand...

It could be.

The rest of the world is rearranging their economic relationship.

The scariest of all for USA is the launch of BRICS currency.

So scary even western media doesn't want to talk about it, fear that it will inspired other countries, and create riots in USA.

The fall of USA economy today has been predicted by BRICS.

The fall of USA is whatever it will fall naturally over the years, or purposely to make USA faster to rebound.
 
Hamartia Antidote said:

Asia-Pacific markets extended their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs fueled a risk-off mood.

Hong Kong markets led losses in the region, with the Hang Seng Index declining 8.95%. Meanwhile, mainland China’s CSI 300 fell 5.41%.

Over in Japan, the benchmark Nikkei 225 lost 5.92% to hit an 18-month low while the broader Topix index plummeted 5.94%. Earlier in the day, trading in Japanese futures was suspended due the market hitting circuit breakers.

In South Korea, the Kospi index pared some losses and was last down 4.11%, while the small-cap Kosdaq declined 3.41%.

Australia’s S&P/ASX 200 also pared some losses to 3.78%. The benchmark slid into correction territory with an 11% decline since its last high in February, in its previous session.

U.S. futures dropped as investors’ hopes of the Trump administration having successful negotiations with countries to lower the rates were dashed.

Meanwhile, U.S. oil prices dropped below $60 a barrel on Sunday stateside. Futures tied to U.S. West Texas intermediate crude fell more than 3% to $59.74, their lowest since April 2021.

Trump’s top economic officials dismissed any fears of inflation and recession, declaring that tariffs would persist whatever markets may do.

Stocks in the U.S. sold off sharply last Friday, after China retaliated with fresh tariffs on U.S. goods, sparking fears of a global trade war that could lead to a recession in the world’s largest economy.

The Dow Jones Industrial Average dropped 2,231.07 points, or 5.5%, to 38,314.86 on Friday, the biggest decline since June 2020 during the Covid-19 pandemic.

The S&P 500 nosedived 5.97% to 5,074.08, its biggest decline since March 2020.

Meanwhile, the Nasdaq Composite, which captures many tech companies that sell to China and manufacture there as well, dropped 5.8%, to 15,587.79. This takes the index down by 22% from its December record, representing a bear market in Wall Street terminology.
Click to expand...
Normally I wouldn't recommend going to youtube and look up some online gamer. But this guy make a very valid point

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People that are disenfranchised, the young, white, male type, aka the Trump base, think they are already in the great depression. And they care F all about anything, it didn't matter to them the entire economic system burned to the ground as long as the liberal, globalist that burn with them, because as long as they (these global elitist) hurt, that's good enough.

This is like you try to assassinate someone when you lining up your head with your target and point the gun to your head and fire, it's this desperate. This is not about who is winning and who is losing anymore, it didn't matter to these people, for them, making it hurt is first and foremost and they are willing to go down as long as everyone else gone down with it. And trump is satisfying his base, because if he didn't then he meant nothing, that's why I don't think Trump is going to talk, he IS going to burn it all down, with us with it, because that's how his base think, and he was their god.
 
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Time for china to do the funniest thing and start dumping US Treasury.
 
You reap what you sow MAGA 🤡 🤡 🤡 🤡
 
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