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Another pre dawn social media barrage, there were lots of tweets, the president claimed an ongoing lack of a trade deal will be very bad for china, very good for the u. S. A. He again claimed wrongly that u. S. Consumers dont bear the cost of more expensive imports. In fact, they do. He declared tariffs greatly help the u. S. Economy. Not much evidence of that. Certainly not helping the u. S. Stock markets. Another selloff is in the works just minutes from now when the markets open up. We begin with beijing with cnns matt rivers on the ground there. This moves shows the brutal map of this trade war. U. S. Can impose tariffs. China can impose tariffs as well. Yeah. Weve been waiting for exactly what china was going to do since the United States announced its move late last week. It was within the last hour or so that chinas government announced its raising tariffs on 60 billion worth of american imports to china. In terms of how high those tariff rates go, they are going to vary. Some i

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