Tuesday's News Links

[BloombergQ] Stocks Shrug Off New Tariffs; Treasuries Yield 3%: Markets Wrap

[CNBC] China says new tariffs on US goods worth $60 billion effective Sept. 24

[Reuters] China says Trump forces its hand, will retaliate against new U.S. tariffs

[BloombergQ] Trump’s Tariffs Will Make Food and Clothes Pricier for Americans

[CNBC] Commerce Secretary Wilbur Ross: China is 'out of bullets' to retaliate against Trump's new tariffs

[Bloomberg, Das] The Risk of Derivatives Isn’t Gone. It’s Merely Morphed.

[CNBC] There's still a lot of central bank 'mismanagement,' says Allianz CEO

[Reuters] 'Who broke the law?' Cohn says in defending Wall Street's role in crisis

[Reuters] Israel indirectly to blame for downing of plane over Syria, Russia says

[WSJ] Chinese Officials Scramble to Respond to Trump’s New Tariffs

[WSJ] Buyback ‘Blackout’ to Test U.S. Stock Market

[WSJ] Florence Is a Tragedy for Homeowners, Not Insurers

[FT] Explained: Donald Trump’s $200bn of new tariffs on China

[FT] The US, China and the logic of trade confrontation

[FT, Weber] Preventive measures will not stop the next financial crisis

Monday Evening Links

[CNBC] Stock futures drop following new US tariffs on China 

[SCMP] Donald Trump hits China with US$200 billion more in tariffs, once again escalating trade war

[CNBC] Trump will slap 10% tariffs on $200 billion in Chinese goods — and they will go to 25% at year end

[CNBC] Trade war could become currency war depending on how China fights back

[BloombergQ] Stocks Pressured on Fresh Trade Fears; Dollar Dips: Markets Wrap

[BloombergQ] China to Cancel Talks If Trump Moves Ahead With Tariffs, Sources Say

[Reuters] Trump adviser eyes entitlement cuts to plug U.S. budget gaps

[CNBC] Kudlow says White House aware of the rising deficit, but economic 'growth solves a lot of problems'

[CNBC] Former Trump economic advisor Gary Cohn: Jamie Dimon would make a 'phenomenal president'

[Reuters] Most U.S. states lack reserves to weather next recession: S&P

[Reuters] Chancellor: The legacy of ultralow interest rates

[WSJ] Trump Announces New Tariffs on Chinese Imports