China Trade War News: China Prepares Emergency Response

China Trade War News

Editor: Johnathan Meyers | Tactical Investor

China Trade War News

One of the main reasons we cover such a broad range of topics is because the masses are being systematically brainwashed to see what they are being directed to see. You can only solve the problem if you understand the problem; if you do not, you will either never solve it or continue trending on the path of stupidity forever. To become a good investor, you need to see the full picture and not the snippets that the mass media conveniently and almost gleefully is willing to provide.

 Mass psychology states that it is imperative to acknowledge the forest while looking at the tree. In other words, emotions drive the markets, and you need to focus on what emotions Mass Media is trying to stir up to spot the next significant trend. With that in mind, we think you might find the following article of interest:

Despite the heavy beating Bitcoin has taken, the sentiment has not turned bearish, and there are still have too many articles being published on a weekly basis claiming that Bitcoin is going to surge to 100K and beyond.

Do these experts ever bother to look at the charts before issuing such targets or do they do so after ingesting some toxic substance? We will never know the answer to that question, but what we do know is that in most cases they have no idea of how high or low the market is going to go.  Is the Bitcoin Bull Market dead or just taking a breather?

China Trade War News: The Trend is against China

Beijing believes that its trade conflict with Washington will have limited impact on the country’s economy and that the effects of this conflict can be controlled.

China has drawn up an across-the-board list of urgent measures as the war of words over US-China trade relations has threatened to escalate into an open economic conflict with each side threatening to levy heavy taxes on each other’s imports.

Beijing has all the political instruments it needs to respond to this trade conflict with the United States and minimize its economic effect, National Development and Reform Commission spokesman Zeng Peiyan said in a statement on Wednesday.

He stressed that the trade conflict would affect the country’s economy only partially and that China “has the confidence, potential and ability to ensure the stable functioning of the country’s economy.”

In March, US President Donald Trump threatened to impose 150 billion dollars’ worth of stiff tariffs on imported steel and aluminium from China and an additional $60 billion in extra tariffs over the alleged theft of US intellectual property.

Beijing hit back by introducing its own tariffs on imported US goods.

Early this month, President Trump suggested introducing an additional $100 billion in import tariff against China in response to what he described as “unfair retaliation” by Beijing. Article from Sputnik News

Other Articles of Interest

Good Time To Buy IBM or Should You Wait? (Mar 15)

Is the Bitcoin Bull Market dead or just taking a breather? (Mar 8)

Is this the end for Bitcoin or is this a buying opportunity? (Jan 24)

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