The stock market averages are way down today. For the most part, the "experts" blame the fall on the imposition of tariffs by China on some US products in retaliation for America's putting tariffs on Chinese products when the Chinese backed out of an agreement on trade that had been negotiated. If you turn on the news, you get major gloom and doom from reporters who portray today's market drop as the beginning of the apocalypse. Okay, these reporters come from the main stream media, so a total anti-Trump spin on today's trading is not surprising. What I find surprising, however, are the people who are ready to throw in the towel as soon as there is any cost associated with trying to end Chinese misconduct in the field of economics and trade. People who should understand that this is a long term process see the market drop today and panic. It's the wrong reaction. America has to play the long game to preserve this country.
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