Trump Just Threatened International Taxes That Dwarf His Steel Tariff – Which Tanked the Markets

Trump Claims We ‘Have No Choice!’ Which He Always Says When We Do

Against the advice of most of his staff, President Trump on Thursday announced – out of the blue – massive tariffs on steel and aluminum, causing the DOW to drop more than 400 points. Friday morning, Trump tweeted that trade wars are good and “easy to win.” DOW futures dropped several hundred more points.

Minutes ago Trump posted a tweet that could devastate the markets – and many Americans’ wallets – even further. 

He just threatened “RECIPROCAL TAXES” on every product other nations impose tariffs on. 

Every time Trump says we “have no choice!” we always do.

This is not studied economic policy. This is dangerous.

Also, one researcher points put Trump is just dead wrong:

As of this writing DOW futures are down over 200 points.