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Friday, March 29, 2024

Shots Fired – US Futures Spike As US-China Trade War Officially Begins

Courtesy of ZeroHedge. View original post here.

While Chinese markets are still closed for lunch, the announcement of US tariffs on China being officially unleashed – followed swiftly by China commenting that “it’s forced to retaliate” has, of course, been met with a sudden wave of panic-buying in US equity futures…

Shots Fired

0001ET *U.S. TARIFFS ON CHINA TAKE EFFECT AS TRUMP TRADE WAR ESCALATES

0004ET *CHINA SAYS IT HAS TO FIGHT BACK

0006ET *CHINA SAYS IT’S FORCED TO RETALIATE ON U.S. TARIFFS

And Dow Futures spike 100 points…

What a farce.

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