CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump said Friday [4-6-18] that he’s willing to suffer some short-term losses in the stock market in order to get favorable trade with China, as he escalates his threats to impose tariffs on Chinese goods…The stock market — which has been up and down all week on news of trade developments — was down sharply Friday, with the Dow Jones Industrial Average off more than 700 points at one point in the day. Trump’s comments came as China threatened to retaliate against Trump’s latest gambit, a proposal late Thursday [4-5-18] to impose $100 billion in additional tariffs, on top of the $50 billion proposed on Tuesday [4-3-18]. Using language that bordered on militaristic, China’s government said it would “immediately fight back with force and without hesitation” if the U.S. moves forward with the tariffs.”
-Gregory Korte and David Jackson, “Trump says there may be ‘a little pain’ as U.S. and China trade tariff threats,” USA Today, April 6, 2018 4:11 pm