Stocks plunged on Monday amid renewed worries over President Donald Trump's intensifying trade war with China, the world's second-largest economy behind the U.S.
The tumble came after China's central bank allowed its currency, the yuan, to fall to its lowest level against the U.S. dollar in more than 10 years. China dropped the price of their currency to an almost a historic low. It’s called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!
RebeccaJarvis Absolutely
RebeccaJarvis Herbert Hoover economics on steroids. It's intentional. Just what Putin wants. And MSM hasn't figured that out yet? DUH.
RebeccaJarvis About time someone stands up to them.
RebeccaJarvis No, our president is walking us into a corner. 🖕🏾
RebeccaJarvis It's deeply disturbing that he is lying to the American people about who pays for tariffs. Many people don't realize what the truth is. Tariffs are a tax on the US economy paid for by the people when goods are bought. Simple, but like with many other things, he is lying to them.
RebeccaJarvis Thanks for making America Great Again! 🤨
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