Tweet that started chaos ..

Trump ……during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country. This does not include the 250 Billion Dollars already Tariffed at 25%……We look forward to continuing our positive dialogue with China on a comprehensive Trade Deal, and feel that the future between our two countries will be a very bright one!

Probably needs to be stated again: the president is increasing tariffs the day after the Fed Chair (whom the president chose) warned that tariffs represent the single biggest threat to the us and global economies. And he said it repeatedly. h/t DL

@steveliesman

@zerohedge

Trump will keep escalating trade war with China until Powell cuts to 0%, as explained this morning

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