Author Topic: Trump launches new tariffs on China  (Read 496 times)

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Offline edpc

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Trump launches new tariffs on China
« on: July 11, 2018, 12:45:49 am »
New York (CNN) The Trump administration is readying another round of tariffs on Chinese goods worth $200 billion, ramping up the US-China trade war.

Trade Representative Robert Lighthizer on Tuesday released a list of additional goods that could face 10% tariffs after a public comment period. It includes seafood, fruit and vegetables, yarn, wool, rain jackets and baseball gloves.

The move comes after the United States imposed 25% tariffs on Chinese goods worth $34 billion last Friday. Beijing immediately responded with its own tariffs on US goods worth $34 billion.
Tuesday's action makes good on a threat President Donald Trump made last Friday. Beijing immediately responded with its own tariffs on US goods worth $34 billion.


https://www.cnn.com/2018/07/10/politics/ustr-new-china-tariffs-trump/index.html
I disagree.  Circle gets the square.

Online Bigun

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Re: Trump launches new tariffs on China
« Reply #1 on: July 11, 2018, 12:53:34 am »
The headline is total BS. 

China is not going to pay one dime as a result of these tariffs. Only their customers in the USA will pay them for as long as they continue to have any.
« Last Edit: July 11, 2018, 12:54:10 am by Bigun »
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