Source: FORBES, 4/10/18


Xie xie, Xi Jinping! The market owes a lot of today's bounce to Chinese president Xi Jinping. He has conceded that tariffs on U.S. cars and trucks coming into his country are too high. They are coming down. Threats of trade tariffs work. Removing the threat of adding extra costs to foreign exporters is like going into a fistfight in handcuffs. You can still win that ...

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