‘Be cool’: Trump tries to calm nerves as EU & China retaliate in trade war
[ad_1] US President Donald Trump (File Image) President Donald Trump seems to be unloading the tensions from the US shoulders after China and the European Union slapped retaliatory tariffs, as he asked Americans to stay "cool."China slapped 84 per cent tariffs on all American products, and the EU member states voted to approve retaliatory tariffs on USD 23 billion in goods. Just hours after countries announced their levies, Trump, on Truth Social, said, "BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!"The Trump's post, may be a coincidence, but came around the same time when the US market opened. As soon as the market opened, the stock markets showed a mixed but slightly positive performance, with the Nasdaq Composite leading the charge. Investors appeared to focus on broader market trends, […]