Correction '...a trade is being recommended that he not only does NOT have a position (at least one of some size) but nobody else really does.'

It's border tax. Horrible idea. That and US tariffs are symptoms of an increasingly uncompetitive and economically weak US. Historically these kind of things have been the bastion of every major state before its downfall. Same as the Chinese trade in the late 16th century as it fell from grace as the world's strongest economy and military ppwer at the time. Notwithstanding Europe's problems, today at 1.153 the Euro is a screaming Buy against the dollar, whose bear market correction is approaching an end before its next like that for the year ending Jan 2018. EURUSD can take out 1.30 and even 1.40 in the next leg. Mainly because EUR is not USD, which has excessively bullish sentiment right now in what's merely a countertrend rally.

David R. A border tax is a horrible idea. I am opposed to a border tax and I am opposed to a tariff war. I was just stating the case that the administration has found a way to have a border tax without Congressional approval. DLS

It is also interesting in an election year that tariffs from the administration can be used for political advantage and for contributions strategies. The Chinese know this and are targeting Trump states. This is already out of control. Everyone will lose. DLS