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  • Trump's China trade crackdown coming Monday

    From politico.com

    President Donald Trump is ready to launch a new trade crackdown on China next week, an administration official confirmed. Trump on Monday will call for an investigation into China over allegations that the nation violated U.S. intellectual property rights and forced technology transfers, the official said. While it's unclear how much detail Trump will get into in the announcement, administration officials expect U.S. Trade Representative Robert Lighthizer to open an investigation against China under Section 301 of the Trade Act of 1974. The pending announcement comes amid heightened tension between the United States ... (full story)

I guess I don't understand what effect if any this would have on the dollar. Any one that can tell me?
its dollar strong. im sure this has to do with n. korea as well. Reminding china how much they need usa and how it would tremendously hurt their purse if they thought of not backing is on any issue.
Thanks I do this often.
Are u kidding me chartejoe, not china need usa, but usa need china exactly,,, it is true that usa imports many from china, but usa need 1 billion market in china..also china is the biggest country hold usa treasury bills, notes , and bonds.....??? just think about it
If true, this is a mess
Quoting dani22
Are u kidding me chartejoe, not china need usa, but usa need china exactly,,, it is true that usa imports many from china, but usa need 1 billion market in china..also china is the biggest country hold usa treasury bills, notes , and bonds.....??? just think about it
Right.
Charterjoe is confused .

The only reason for Trumpy to spite the China is obvious.
Tadadadadadummm.
Dumdumdummm.
....
Weak dollar.!!!!!'

When China dumps treasury..... When prices in good old USA jump, sales drop, market drops, jobs disappear.....

It'll be as Trump promised - bankruptcy, rich getting richer, dollar cheap, exports up, defence contractors fat.....

Buy E folks, sell Aussie and $
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
well the 7+ bull years can't last forever in the US...
confused
Quoting Not-KPMG
{quote} Right. Charterjoe is confused . The only reason for Trumpy to spite the China is obvious. Tadadadadadummm. Dumdumdummm. .... Weak dollar.!!!!!' When China dumps treasury..... When prices in good old USA jump, sales drop, market drops, jobs disappear..... It'll be as Trump promised - bankruptcy, rich getting richer, dollar cheap, exports up, defence contractors fat..... Buy E folks, sell Aussie and $
exactly! Sell AUDUSD -its heading towards 7490 more likely then 0.8000+
Early to bed, early to rise, keeps you healthy, wealthy and wise.
Quoting Not-KPMG
{quote} Right. Charterjoe is confused . The only reason for Trumpy to spite the China is obvious. Tadadadadadummm. Dumdumdummm. .... Weak dollar.!!!!!' When China dumps treasury..... When prices in good old USA jump, sales drop, market drops, jobs disappear..... It'll be as Trump promised - bankruptcy, rich getting richer, dollar cheap, exports up, defence contractors fat..... Buy E folks, sell Aussie and $
So buy euraud?
Euro might hit 1900+ early this week.
Everyone can see the chart, but only a few can actually read it.
Quoting dani22
Are u kidding me chartejoe, not china need usa, but usa need china exactly,,, it is true that usa imports many from china, but usa need 1 billion market in china..also china is the biggest country hold usa treasury bills, notes , and bonds.....??? just think about it

Fed reserve holds most u.s. debt not china.
Thanks I do this often.
Why would china dump US30? where are they going to put 3 trillion dollars? Cash hahaha how about russian debt or maybe japan bonds and gain a whopping .80% a year, oh i know dump us bonds and buy bitcoin. You guys are not thinking like a trader.
Thanks I do this often.
I hope Faux Prez and Princess "I" won't have to change their business trading.
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  • Posted: Aug 12, 2017 12:54pm
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 13  /  Views: 5,478