Fortune Cocky Crisis

Submitted by ub on

Oh, Magoo, you’ve done it again. This time it’s the sleeping dragon which is exhaling it’s financed fortune flames of fear for the remainder of the year.

The People’s Republic of China is warning that it will not be blackmailed and is now hinting of retaliation following POTUS vowing to slap a 10 percent tariff on $300 billion of Chinese imports next month.

Xi may be reeling from Trump's latest tariff threat, but it's unclear if the US or China is losing (link: https://yhoo.it/337hD6R) yhoo.it/337hD6R

‪Global stocks plunge on US-China trade war worries https://www.usatoday.com/story/money/markets/2019/08/02/stocks-plunge-w…

‪China threatens retaliation for Trump's planned tariff hike https://apnews.com/bb149842a3d04f29a784824edd15db72

‪China warns of retaliation after Trump threatens fresh tariffs https://reut.rs/338tJwD