President Donald Trump’s plan was to bully our G7 allies on a range of issues by touting the strong U.S. economy. As The Washington Post’s Greg Sargent wrote Friday morning, “Trump will proclaim his ‘America First’ agenda a smashing success, and throw that in the faces of our European allies.”
That plan will have to be changed now that his trade war with China just exploded.
China imposed tariffs of $75 billion of U.S. goods on Friday. Trump launched a tweetstorm causing the DOW to drop more than 600 points (at several times during the day more than 700 points.)