NEWS
TRUMP FLIP-FLOPS ON CHINA IN 48 HOURS – XI “JUST HAVING A BAD MOMENT”..See whole details here
TRUMP FLIP-FLOPS ON CHINA IN 48 HOURS – XI “JUST HAVING A BAD MOMENT”
Friday: Trump called China’s rare earth mineral restrictions “sinister and hostile” and threatened 100% tariffs on all Chinese products. Markets tanked.
Sunday: Trump posted that President Xi Jinping was just having a “bad moment” and reassured followers “Don’t worry about China, it will all be fine!”
Tuesday: China responded they’re ready to “fight to the end” in the trade war.
Treasury Secretary Scott Bessent is scrambling to calm markets while Chinese farmers get weaponized as pawns.
Trump wants his summit with Xi and his deal-maker reputation intact, but keeps oscillating between threats and friendship bracelets.
Markets are whipsawing. Allies are confused.
And nobody knows which Trump they’re getting tomorrow.
Source: NYT, Barron’s
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