The current approach seems to work so far against China though. 1.) S&P 500 up 5.3%, shanghai composite down 15.7% http://www.talkmarkets.com/content/us-market

The current approach seems to work so far against China though. 1.) S&P 500 up 5.3%, shanghai composite down 15.7% http://www.talkmarkets.com/content/us-markets/china-and-us-drifting-apart?post=183424 http://www.talkmarkets.com/content/us-markets/china-and-us-d... 2.) Yuan falls 1 year low vs dollar, losing 7% since 1st quarter https://www.reuters.com/article/china-stocks-hongkong-close/hk-shares-drop-led-by-airlines-as-yuan-falls-to-1-yr-low-vs-dollar-idUSZZN2NCL00 https://www.reuters.com/article/china-stocks-hongkong-close/... 3.) China has 33.3 billion yuan ($4.9 billion) in corporate bond defaults so far this year, already exceeds the full-year record of 30 billion yuan, set in 2016. https://www.bloomberg.com/news/articles/2018-07-19/why-china-s-local-bonds-are-defaulting-at-record-pace-quicktake https://www.bloomberg.com/news/articles/2018-07-19/why-china... 4.) Chinese manufacturing slowed in June as exports weakened http://www.startribune.com/surveys-show-chinese-manufacturing-growth-cooling/487077651/ http://www.startribune.com/surveys-show-chinese-manufacturin... also, it does look like each country/block is setting its own tariffs against China The European Union will impose import tariff quotas of 25% on a number of steel products https://www.marketwatch.com/story/eu-to-impose-tariff-quotas-on-foreign-steel-2018-07-18 https://www.marketwatch.com/story/eu-to-impose-tariff-quotas... The Canadian measures are expected to include new quotas on certain steel imports to prevent dumping, with tariffs applied above that threshold https://www.bloomberg.com/news/articles/2018-06-26/canada-said-to-prepare-steel-quotas-tariffs-on-china-others https://www.bloomberg.com/news/articles/2018-06-26/canada-sa...