China Tariffs Will Remain In Place At Least Until Election: Reports

Headed into this week, traders and market participants of all stripes were bracing for disappointing headlines around the "Phase One" deal between the Trump administration and Beijing. The agreement - the first in what the White House insists will be a trio of mini-deals eventually summing to a comprehensive overhaul of the trade relationship between the world's two largest economies - is set to be signed at a ceremony in Washington on Wednesday. Long story short, the market is cautiously opti

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4 thoughts on “China Tariffs Will Remain In Place At Least Until Election: Reports”

tariffs,schmarriffs. That was good for a 30 minute pullback. Nothing prevents this market from a Zimbabwe style parabolic runup.

Of course, Trump retains the option to “accelerate the review” and cut (or remove) the remaining in-place tariffs at any time between now and Election Day, should he feel that either the economy and/or the SPX is not properly cooperating with his re-election campaign…

Exactly anonymous. Doing this gives him the opportunity to get the markets to rally a few more times on the same “news”. Watch the headlines “trump to cut tariffs – SP500 up 44 pts in news US to rescue tariffs” and the market will play along.

Truly amazing even for this snake oil con man.