Trump is doing the fucking rounds this morning. Let me recap for those of you bewildered by the about face in futures, presently down 37 NASDAQs.
In comments to the press ahead of a NATO meeting in London on Tuesday, Trump said Macron’s words had been “very, very nasty” to the other 28 member states. He added that it was “very insulting” for the French president to label NATO as brain dead. “You can’t go around saying that about NATO,” Trump added.
The U.S. president said relations between the U.S. and European NATO members were not causing any divide, with the exception of France.
“I do see France breaking off. I’m looking at him and I’m saying he (Macron) needs protection more than anybody and I see him breaking off, so I’m a little surprised at that,” said the American leader.
And tax the shit out of them.
On Monday, the White House had said it may impose duties of up to 100% on $2.4 billion in imports of French Champagne, cheese and other luxury goods.
Phase 1 of the China trade deal agreement never happened and might now have to wait until 2020 before getting inked. What did I say?
“In some ways, I like the idea of waiting until after the election for the China deal, but they want to make a deal now and we will see whether or not the deal is going to be right,” Trump told reporters earlier on Tuesday. When asked if he had a deal deadline, he added: “I have no deadline, no … In some ways, I think it is better to wait until after the election if you want to know the truth.”
BONUS: Fuck S. America too.
Trump announced Monday the U.S. will restore steel and aluminum tariffs on imports from Brazil and Argentina. He also suggested the move was necessary because Brazil and Argentina had been “presiding over a massive devaluation of their currencies.” However, in recent months, both countries have been seeking to strengthen their respective currencies against the dollar.
To think we’re at record highs amidst all of this craziness makes me think craziness is all that was required for record highs.If you enjoy the content at iBankCoin, please follow us on Twitter