"Trade wars are easy to win." Lol, I hope he thinks that about elections, too. I'm tempted to buy CIEN or SPY here, but this does seem like a significant change, as spreading this into a currency war as well should have some impact. I keep thinking how a Democrat could explain, in a debate with Trump, that tariffs are a tax on consumers, it's the government that collects the benefits. It's a shame that the vast majority of voters are terribly uneducated about the economy, and how it works. Trump will/has blame everything (including China's currency manipulation), on the Fed, and most people will believe that the Fed is the problem :-{