President Trump’s tariffs tank Asian equities, Chinese yuan. Now China is ready to negotiate.
AFP reported: “China’s yuan currency fell to 7.1487 to the dollar, its weakest level since early 2008 at the height of the global financial crisis. On equity markets, Hong Kong led losses, slumping more than three percent, with investors also spooked by fresh violent protests in the city that saw police use water cannon for the first time. Shanghai lost 1.3 percent and Tokyo ended the morning more than two percent off.”
Hooray for Trump. So nice to have a POTUS that knows business and how to negotiate from a position of strength. ?Trump Tariffs Tank Asian Equities, Chinese Yuan. China Ready To Negotiate. | Daily Wire https://t.co/xkVwAzvJEG
— June Anderson (@Mallqueen01) August 26, 2019
TDW:
President Donald Trump’s latest trade war escalation against China appears to have had an immediate effect on Asian markets and the Chinese Yuan, sending both tumbling early on Monday morning.
take our poll - story continues belowCompleting this poll grants you access to Great American Politics updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.Chinese Vice Premier Liu He indicated early on Monday that the communist nation was willing to negotiate with the U.S. to prevent the trade war from escalating.
Reuters reported that “Liu, China’s top trade negotiator, was speaking at a tech conference in Chongqing in southwest China” when he made the remarks.
On Friday, the U.S. imposed a new round of sanctions against China after China imposed additional tariffs on the U.S.
In a statement on Friday, the Office of the United States Trade Representative announced. More
….better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP. Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..
— Donald J. Trump (@realDonaldTrump) August 23, 2019
….all deliveries of Fentanyl from China (or anywhere else!). Fentanyl kills 100,000 Americans a year. President Xi said this would stop – it didn’t. Our Economy, because of our gains in the last 2 1/2 years, is MUCH larger than that of China. We will keep it that way!
— Donald J. Trump (@realDonaldTrump) August 23, 2019
This is a real war. For the life of me, I can’t understand why the Demoncrats and the MSM are fighting for China.
How does this guy keep doing it? They say it can’t be done then two minutes later, China is coming to the table. Trump’s campaign slogan should be “Hold my beer.”
This is what a businessman does… Good for President Trump.
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