Did the Trump-China trade war get hotter over night?

Did the Trump-China trade war get hotter over night?

Yesterday the director of Beijing’s National Development and Reform Commission’s price supervision bureau told the state-run China Daily that its investigators had found evidence that a U.S. carmaker has been telling its dealers to fix prices since 2014. Accusations like this can end in sizable fines and other penalties. You think that it’s just a coincidence that this charge comes after President-elect Donald Trump has ramped up his rhetoric about branding China a currency manipulator?

So much for the Trump victory drug rally

“I’m going to bring down drug prices. I don’t like what’s happened with drug prices,” President-elect Donald Trump said in an interview with Time posted on the magazine’s website this morning. So much, the stock market has concluded today, for the idea that a President Trump would be friendlier than a President Clinton to the drug industry.