I had a feeling this would happen.

[justoffal]

Trump threatens new 50% tariffs on China if Beijing doesn’t remove retaliatory duties​

• President Donald Trump is threatening new 50% tariffs on China unless Beijing lifts its retaliatory duties on U.S. exports by tomorrow.
• The White House says any suggestion that Trump is considering a 90-day pause in tariffs is “fake news.”
• U.S. markets opened sharply lower Monday for a third trading session, as Trump’s tariffs paralyze global trade and investment.

https://www.cnbc.com/2025/04/07/trump-tariffs-live-updates-stock-market-crypto.html

This is just the kind of steady, measured, rational leadership I thought we'd get during trump 2.0.

China deserves it.... They are the most underhanded, dishonest lying trade partners on the planet. That doesn't mean they'll be easy to take on though. We can do it but it will be painful. Ultimately it will cause them more pain. They will have to go back to filling up warehouses with manufactured goods that have no place to go.

 

[berg80]

The markets are surging back today as talks are opening up as countries smacking America with tariffs are in talks to lower tariffs.
If this goes well, and this is an if - once again the Democrats will look stupid but will quickly run to the next Trump outrage

Nope. The silly euphoria has evaporated along with the gains. Dow up 25 points, S&P and NASDAQ down. Why? Because China is about to respond to the tariff man's buffoonery.

 

[berg80]

They are the most underhanded, dishonest lying trade partners on the planet.

That's what our trading partners think of us now.

 

[berg80]

Not a single liberal on this forum is going to go off script.

IRONY ALERT!

 

[The Duke]

The controlled did exactly what the MSM wanted them to. Sad.
It's absolutely criminal what these alleged journalists are doing.
They should be held accountable.

 

[berg80]

The controlled did exactly what the MSM wanted them to. Sad.
It's absolutely criminal what these alleged journalists are doing.
They should be held accountable.

Blaming the enormous loss of wealth due to Dotard's idiocy on the media is plain old gaslighting.

 

[iamwhatiseem]

Blaming the enormous loss of wealth due to Dotard's idiocy on the media is plain old gaslighting.

Where were you in June '24 when there was this much loss?
Where were you in August '22 when there was a market loss larger than this?
Were you screaming the world is ending?

 

[Ret Old Man]

Think where this country could be had the politicians not given so much to foreign countries…. Not only an edge on tariffs but foreign aid and billions given on presidential trips. And we pay for their foolishness through higher taxes-and they still want more.

 

[Rigby5]

Where were you in June '24 when there was this much loss?
Where were you in August '22 when there was a market loss larger than this?
Were you screaming the world is ending?

Market swings often are intentional, since the wealthy can clean up on the panic.
But when it is not intentional, like this, then it can be "the world ending"?