Day 1,250: After Trump trade adviser says China trade deal is off, market plummets and Trump announces deal is still on

Peter Navarro, Donald Trump’s trade adviser, got his job because Trump’s son-in-law liked Navarro’s book’s title when he was browsing on Amazon. Navarro’s tenure has been ineffective at best.

He made waves Monday evening when he announced that Trump’s touted trade deal — really a total capitulation to China — was “over.”

Dow futures immediately plunged.

Chinese and Hong Kong markets did too.

So Trump tweeted that the deal was not over in an effort to get the markets to return to their previous points.

The entire situation is emblematic of Trump’s entire tenure in office: governing moment-to-moment, putting out self-set fires today with water needed for tomorrow, and a total lack of cohesion regarding issues big and small.

1,250 days in, 212 to go

Follow us on Twitter at @TrumpTimer