iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,417 Blog Posts

Another Friday, Another Trade War Declaration By Trump

How am I supposed to respond to this, seeing the same news for the 10th week in a row?

Yes, we know Trump wants tariffs on Chinese goods. We know he will likely use the money gained from the tariffs for some pet project of his, such as paying off the debt. That being said, it’s Friday and no one really cares. We’re all exhausted by the drama and have become immune to minor dips.

President Donald Trump wants tariffs on $200 billion of Chinese goods despite the U.S.’s attempt to restart talks on trade, Bloomberg reported on Friday.

The president told aides to go ahead with tariffs, Bloomberg reported, citing four people familiar with the matter.

The U.S. and China have already put in place tariffs on $50 billion of each other’s imports since July as tensions escalated despite several rounds of talks. Trump has criticized China’s record trade surplus with the U.S. and openly questioned whether it was manipulating its currency.

My NIO trade has stalled, in favor of a new Chinese IPO — QTT. Albeit tempting, I’m holding off buying into QTT while juggling several flaming jars of clay.

If you enjoy the content at iBankCoin, please follow us on Twitter

8 comments

  1. gatorsun

    QTT last call

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. gatorsun

    lets do 20

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. gatorsun

    9 million shares only…the freaks are attacking it

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. gatorsun

    20 off the 14 hit…..booking it

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. gatorsun

    china pump and dump pays

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. s.k.

    lmao @ that Donald pic

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. gatorsun

    QTT HALTED pump meet dump gotta love the BS game

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. gatorsun

    Want a new pump? HYRE

    • 0
    • 0
    • 0 Deem this to be "Fake News"