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Markets Wince as Trump Extends China Tariff Deadline—Dow, S&P 500, Nasdaq All Bleed
Markets Wince as Trump Extends China Tariff Deadline—Dow, S&P 500, Nasdaq All Bleed
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Wall Street's optimism hits a tariff-shaped wall.
Trade tensions flare—again
The Dow, S&P 500, and Nasdaq all dipped as former President Trump reportedly pushed back the deadline for China tariffs. Traders dumped risk assets faster than a hot NFT in a bear market—classic 'sell the rumor' behavior.
Liquidity loves certainty (and hates surprises)
Markets abhor vacuum, especially when it's filled with political posturing. The delay throws another wrench into the 'soft landing' narrative, proving once again that macroeconomic forecasts have the accuracy of a blindfolded dart thrower.
Cynical take:
Nothing boosts a portfolio like insider info—unless you're retail, of course.
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