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Thursday, March 22, 2018

President Trump will hit China with at least $50 billion in tariffs and penalties for the theft of trade secrets that costs the U.S. billions

President Trump on Thursday plans to announce at least $50 billion worth of annual tariffs and other penalties on China for its theft of technology and trade secrets, which administration officials say has robbed American companies of billions of dollars in revenue and killed thousands of jobs.

The measures would mark Mr. Trump’s most aggressive move yet against a fast-rising economic rival that he has accused of preying on the United States.

3 comments:

Anonymous said...

GREAT, Long Overdue & Demon-crats are at Fault !!!!!

Anonymous said...

Wait until you see how much everything will cost soon. 25% tariff on washing machines that already cost $1,000+.

Anonymous said...

Good. China is NOT our friend!