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Trump's new tariffs could trigger a trade war

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Trump’s tariffs: President Donald Trump’s blanket 10% tax on imports took effect overnight, with much steeper tariffs for many countries still to come next week.
From CNN International
President Donald Trump on Wednesday announced a 10% tariff on all imports but even higher rates on dozens of trading partners including China, India and the European Union.
From USA Today
"President Trump is using tariffs as leverage - to force our trading partners to the table and put America’s farmers first," Reynolds said in the statement.
From USA Today

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I have made the most money over the last 30 years buying solid companies in terrible markets, not the other way around. For some of the panicked people in the world, the flip side is this is why you should have cash on hand to buy.
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