Friday Evening Links

[Bloomberg] Stocks Tumble More Than 2% on Trump Trade Jabs: Markets Wrap

[CNBC] Treasury Secretary Mnuchin says there is the possibility of a trade war with China, but that's not the objective

[CNBC] Top Trump economic advisor Larry Kudlow: I just found out about new China tariffs 'last night'

[The Hill] Kudlow jokes he’s ‘gotta beat’ Scaramucci's White House tenure

[Bloomberg] Fed Chairman Powell Unravels Inflation Riddle

[CNBC] Fed Chair Powell says growth has picked up enough to justify rate hikes

[CNBC] Powell: 'Tariffs can push up prices' but 'too early to say' what impact will be

[The Hill] Deficit nears $600 billion in first half of 2018

[NYT] Powell Touts Economy’s Strength in First Speech as Fed Chief

[WSJ] The Architect of Trump’s Threatened China Trade War

Friday's News LInks

[Bloomberg] Trump Trade Jabs Sink Stocks; Jobs Miss No Help: Markets Wrap

[Bloomberg] U.S. Payrolls Rise Below-Forecast 103,000; Wage Gains Pick Up

[Bloomberg] Trump Escalates Trade Tensions With Call for New China Tariffs

[AP] China vows to fight US ‘at any cost’ as trade spat worsens

[CNBC] China will not hesitate with 'major response' to new tariffs: Ministry of Commerce

[Bloomberg] China Seeks EU's Support in Standing Up to U.S. Trade Threat

[Reuters] Trump says 'we've already lost the trade war'

[CNBC] Market volatility is reminiscent of the 1987 crash: Veteran trader Art Cashin

[Reuters] Exclusive: U.S. willing to talk trade with China, no session set yet - official

[MarketWatch] Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’

[Bloomberg] Currency Market Calm Seen at Risk as Trade War Concerns Escalate

[Bloomberg] Smaller Subprime Auto Lenders Are Starting to Fold

[Reuters] 'You'll be sorry,' Russia tells Britain at U.N. nerve agent attack meeting

[NYT] Trump Doubles Down on Potential Trade War With China

[NYT] How the China-U.S. Trade Conflict Unfolded, Blow by Blow

[WSJ] China Ready to Strike Back ‘Forcefully’ at New U.S. Tariffs

[FT] US credit markets are flashing amber