Tuesday, December 3, 2019

Tariff-Crazed Trump Says Trade War With China Could Continue Past 2020 Election; Stocks Dive

President Trump and NATO Secretary-General Jens Stoltenberg, in London
During a meeting with NATO Secretary-General Jens Stoltenberg in London this morning, President Trump suggested a trade war with China could drag out past the 2020 election.

Trump said he had “no deadline” to conclude a trade deal with China, adding that “in some ways I like the idea of waiting until after the election.”

Trump also lashed out at France.

“I don’t want France taxing American companies. If they’re going to be taxed it’s going to be the United States that will tax them,” Trump said.

Following Trump's anti-trade comments the stock market quickly dived. The Dow Industrial Average is now down more than 400 points.

-RW



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