And, when China reacts, how will President Trump react to that reaction?
Where we are at, Sunday tweets from Uncle Don:
- Pres. Trump: China tariffs will go up to 25% on $200B of goods on Friday
- ICYMI - US President Trump threatens higher tariffs on Chinese goods
Its just going on 5 am in Beijing, we'll get a response in coming hours (give 'em a chance to have some congee first). I don't imagine they'll be too happy with this. If their response is sharp and retaliatory we could (I imagine its likely) further escalation from Trump - cancelling (might be couched as a postponement?) this week's round of talks in Washington?
This ain't over ladies and gentlemen. Stay tuned.
Everyone's got a crazy uncle, right?