Author Topic: White House to impose 25% tariff on $50bn worth of Chinese goods  (Read 174 times)

0 Members and 1 Guest are viewing this topic.

Offline AbaraXas

  • Enemy of the State
  • Technical
  • ****
  • Posts: 15,953
  • Words full of sound and fury, signifying nothing.
Quote
The White House has taken aggressive new steps in its effort to reduce a $337bn trade deficit with China, announcing that it will impose a 25% tariff on $50bn of Chinese goods containing “industrially significant technology”.....

....“From now on, we expect trading relationships to be fair and to be reciprocal,” Donald Trump said in statement.
The White House said China had “pursued industrial policies and unfair trade practices including dumping, discriminatory non-tariff barriers, forced technology transfer, over capacity, and industrial subsidies that champion Chinese firms and make it impossible for many United States firms to compete on a level playing field”. ....

https://www.theguardian.com/world/2018/may/29/white-house-tariffs-chinese-goods




Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf