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🇺🇸 President Trump published a long post about China a few minutes ago: 🇨🇳
Our relationship with China over the last six months has been very good, and therefore this move in trade is even more surprising.
I always felt they were waiting in ambush, and now, as usual, it turns out I was right! There is no reason China should be able to hold the world 'captive,' but it seems that has been their plan for some time, starting with 'magnets' and other elements they quietly accumulated into a certain monopolistic situation, a rather malicious and hostile move, to say the least. But the US also has monopolies, stronger and more far-reaching than China's.
I simply chose not to use them, there was never a reason for it, until now!"
President Trump imposes tariffs immediately on China, effective immediately ⚠️
Indices react with sharp declines 🚩