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Dow Crumbles After Trump’s Trade War Confession Stuns Markets

“The China trade deal is dependent on one thing: Do I want to make it?” writes Josiah Wilmoth for ccn.com. Conventional wisdom dictates that a trade deal – even a bland one – would bolster the US economy and, by extension, Trump’s electoral prospects.The US stock market did not take Trump’s startling confession well, and Wall Street’s three primary indices all tumbled when the bell rang this morning.Speaking on the sidelines of the NATO summit in London, Trump told reporters that he has “no deadline” for formalizing a China trade deal.
 
Source: ccn.com



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