Summary
Trump had to reverse his aggressive tariff rhetoric after CEOs from Walmart, Target, and Home Depot warned of empty shelves and higher prices due to supply chain disruptions.
Investors reacted negatively to his threats against Fed Chair Jerome Powell, prompting a market sell-off.
Trump backtracked, expressing optimism on a China trade deal and now denying plans to fire Powell.
Global markets remain volatile, and the IMF cited Trump’s trade war as a “major negative shock” to global growth.
Odd that you thought that sp3ctr4l was offended by your comment, was that your intention? To offend people?
It was a risky comment, and people didn’t like that. Fair enough. Occasionally, taking these kinds of risks produces interesting results though.