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Monday, May 06, 2019

Trump cranks up pressure on China ahead of Wednesday's trade talks as he announces new 25 per cent tariffs on $325 BILLION in goods that will kick in Friday

President Donald Trump turned up the pressure on China on Sunday, threatening to hike tariffs on $200 billion worth of Chinese goods.

Trump's comments, delivered on Twitter, came as a Chinese delegation was scheduled to resume talks in Washington on Wednesday aimed at resolving a trade war that has shaken financial markets and cast gloom over the world economy.

Trump turned up the heat by saying he would raise import taxes on $200 billion in Chinese products to 25% from 10% on Friday.

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4 comments:

  1. There goes your Dollar Tree and Wal-Mart stock.

    ReplyDelete
  2. Macy's, McDonald's, you name it. They all use made in China whether it is spelled out or not. About time.

    ReplyDelete
  3. Tariffs = taxes. It is the middle class that will pay this as you washing machine and solar panels increase in price. SO goes you big tax decrease . What a joke

    ReplyDelete
  4. Buy American / The Job You Save Might Be Your Own

    ReplyDelete

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