US stocks tumble again as trade war with China intensifies

The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout. The Dow, after rising nearly 3,000 points Wednesday, fell more than 1,000 points, or 2.68%, Thursday morning. #CNN #News

[SaraBaxter-bfrt]

The problem we have is because Most people always taught that" you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.

[Michelangelo-iq]

Believing that a group of billionaires is looking out for the common folks takes a special kind of stupid.

[value_investing]

30 years ago, US did a strategic move, outsourcing low value manufacture to China, and made a lot of money. I was working for an american company back in China, to find factory product some painting brushes. I still remembered that I was ask to negotiate the price to get a special painting make up brush. In the end, that chinese factory sold to us (ameciran comapny) for 60 cents, with 5 cents profit. A few years later, i quit the job and went to us for my graduate school, saw that make up brush in home Depot, priced at 15 dollars. For that single brush, China used its own steel and plastic, generated many pollution by coating with toxic painting, yet only had 5 cents profit. Us companies, including both home Depot and my previous company, earned 100 times more money. US's strategy was actually very brilliant, by robbing other countries raw material, labors, not mentione caused pollutions, got huge amount of money. If US spend tiny of thos money into their own low income and middle income people, US would be ten times better than now. However, US wasted money on international wars, on wall street, give them to rich people. Now US cliam China took their jobs? What a joke.

[Stephenrogzyyy]

With the China trade war flaring up again, it’s not just about policy, it’s hitting regular people in the wallet. Inflation spikes, investment volatility, even job uncertainty in sectors like tech and retail. I’ve been rethinking my whole financial strategy because of it.

[tedwong]

Im a foerign investor, why would i put my money in a stockmaket where a tweet can decide its future

[HuplesCat]

180 countries got tariffed illegally and incorrectly. 15 want to chat. Unless it is China, Canada, and the EU the usa is stuffed. Elbows Up Canada!

[GeraldERNST-wgud]

Biggest insider trading crime ever, yesterday.

[KevinCollins]

watching this whole tariff mess unfold just made me realize how quickly things can shift financially. If Wall Street can wobble like that just from mixed advice, what chance do regular folks have without *real* financial guidance?

[jakemoeller]

Trump's "kiss my ass" comment yesterday should deter some countries from bending the knee.

[reginafris]

15 countries negotiating? Wasn't it 80 on Tuesday? These people disgust me.

[nhansen]

I wish people would quit saying reciprocal. Trump's tariffs are not reciprocal, they are punitive.

[StuR-rf]

Listening to any of Trump’s Cabinet members speak is stomach churning. Such liars and corn artists.

[jonydory]

Congress is scared to do his job.
What a bunch of cowards.

[flyhighseeall]

Market manipulation and insider trading, Trump and his rich friends made a lot of money

[desertnaturealliance]

Martha Stewart went to Prison over selling off some stock because of inside information. What the actual F do you call it when the actual President can manipulate the stock market, tell people to buy, then tank it ??? Some one owes Martha an apology

[MelissaBrown-i]

Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176, 000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000, 000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400, 000 annually) and don't owe a dime to anyone. It's a good feeling!

[jamesmisener]

This stinks of illegal trading. Too bad America doesn't have an agency who can investigate this for the people...anymore. 🇨🇦

[superbwater]

We all know he is manipulating the markets.

[MayLily]

Did all these Billionaires just make more money within a day right in front of America, while citizens still suffer needlessly? Where are the checks and balances and what is Congress doing about this? smh.

[deanbusch]

He still has 40% approval, wtf. He has caused so much confusion and damage globally America will never be trusted again.