The Briefing Room
General Category => National/Breaking News => Topic started by: edpc on July 11, 2018, 12:45:49 am
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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 (https://www.cnn.com/2018/07/10/politics/ustr-new-china-tariffs-trump/index.html)
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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.