US president Trump now up and tweeting 4 April
“We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!”
Mr T still hasn’t got to grips with correct use of capital letters but hey, he’s also got a bit to say on immigration:
“Our Border Laws are very weak while those of Mexico & Canada are very strong. Congress must change these Obama era, and other, laws NOW! The Democrats stand in our way – they want people to pour into our country unchecked….CRIME! We will be taking strong action today”
Seems like markets had enough of a scare now and looking to take some money off the table. USDJPY back up to 106.21 lifting other core pairs too as yen sellers prevail for the moment.
“Rock, scissors, paper, Spock”