Will there be a $200-billion tariff levied against China or not?  The president tweeted about it again this morning when he sent the following: Tariffs have put the U.S. in a very strong bargaining position, with Billions of Dollars, and Jobs, flowing into our Country – and yet cost increases have thus far been almost unnoticeable. If countries will not make fair deals with us, they will be “Tariffed!”

Later, Larry Kudlow was quoted as saying things on this issue that didn’t sound very positive, which can lead traders to believe that the tariffs will be official sometime today.  

about the author:

Dan O'Brien

Dan O’Brien has had a long, experienced career as a trader, a broker and an educator. He has a tremendous track record calling trading signals in the S&P 500 and major stock names. Dan has developed all the tools with his over 20+ years of experience in the business - top-notch technical acumen, an in-depth understanding of market fundamentals, a disciplined approach to trading and a patient style of teaching.

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