Just about everyone thought it was a bluff. Top analysts from the biggest banks on Wall Street said it was highly unlikely. Stocks were trading like it wouldn’t happen. Some companies built contingency plans,

Several days of choppy market action have shown that investors remain unsure of Donald Trump's end goals with tariffs.

Later, Trump, still irate at the Journal, wrote, “Anybody that’s against Tariffs, including the Fake News Wall Street Journal, and Hedge Funds, is only against them because these people or entities are controlled by China, or other foreign or domestic companies.”