This from the Wall Street Journal earlier on a fresh round of Tariffs coming from Mr Trump
- Trump administration is moving closer this week to levying tariffs on nearly half of Chinese imports
- twin administration initiatives-pursuing tariffs on $200 billion of Chinese goods while relaunching talks to scrap tariffs-underscore a split within the U.S. administration, with negotiators in the U.S. Treasury Department offering a carrot, while the office of the U.S. trade representative threatens with a stick, both with the approval of President Trump, according to people familiar with the administration's internal deliberations.
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It was overshadowed by Trump's comments on the Federal Reserve and other matters:
- Trump reiterates that he disagrees with Powell for raising rates
- More from Trump - does not anticipate much from trade meeting with China this week
- More from Trump: Will be no concessions with Turkey over pastor
- More from Trump: 'most likely' to have a second meeting with North Korea's Kim Jong
- More Trump: Says speaking to Mueller prove could be a perjury trap
Mr. T's paying out on the Fed catalysed the USD drop, which has continued in Asia.
Bless him.