Trump to impose additional tariffs on US$300B of China goods on 1 September 2019.

https://www.marketwatch.com/story/asian-markets-sink-as-us-china-trade-tensions-ramp-back-up-2019-08-01?siteid=yhoof2&yptr=yahoo

We warned our readers that the US-China trade talk broke down in July.  However, the politicians and media sugar-coated the trade fallout with a "Constructive" talk.

http://sg-stock.blogspot.com/2019/08/us-china-trade-talk-broke-down-again-in.html

How did we come to the conclusion that the US-China trade talk broke down?

We always have this belief that the demon is hidden in the details and we look into the timeline of the US-China trade talk.  The US-China trade talk ended in just 4 hours in Shanghai and this was a tell-tale sign that both parties had a big fallout during the meeting because nothing could be settled in just 4 hours.  The US team left shanghai immediately after the fallout meeting and both parties started to accuse each other of flip-flopping thereafter.

However, the media just publicized that the US-China trade talk was constructive.

The US GDP will drop further in Q3 & Q4 after these additional tariffs against China since consumer goods are involved now.

Just look at the impact on the US below.

http://sg-stock.blogspot.com/2019/07/the-us-china-trade-war-impacts-on-both_27.html