Did we just witness the economic trigger event that will cause the dramatic stock market crash that we were just warned about? On Friday, U.S. stock prices absolutely plummeted once President Trump announced that China’s new rare earth export restrictions would be countered by “a massive increase” in tariffs on Chinese imports into the United States. If tariff rates go above 100 percent, many Chinese-made goods that are currently filling our stores will no longer travel across the Pacific at all. In addition, whatever does come over from China will cost a lot more. For example, you may have noticed that many things that were priced at $1.25…
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