Stocks plummet as JP Morgan commentary calls Trump's tweets about a China trade deal 'completely fabricated'

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'It doesn’t seem like anything was actually agreed to at the dinner and White House officials are contorting themselves into pretzels to reconcile Trump’s tweets,” traders from JP Morgan wrote in their desk commentary Tuesday.

 

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Trade balance with China in 2018 Q2 charts:

Fabricated - meaning Trump lied again. Millions of people are being affected by his lies. Market losses. Businesses upended.

This is what he has done every single time he deal with world leaders. He ramps up the crisis, blames everyone, then tweets how in love they are with each other. Then BAM, comes the truth from the other country (not our WH though, they just keep spinning) about no deal.

China says no trade agreement happened. Can't believe Trump....AGAIN.

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 /  🏆 468. in PT

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