China on Friday announced plans to retaliate against the Trump administration with new tariffs on roughly $75 billion worth of US products including cars. The tariffs would take effect in two separate batches, on September 1 and December 15. President Donald Trump said this month he would slap tariffs on all remaining imports from China on those dates. Visit Markets Insider for more stories.
China on Friday announced plans to retaliate against the Trump administration with new tariffs on roughly $75 billion worth of US products including cars. The tariffs would take effect in two separate batches, on September 1 and December 15. President Donald Trump said this month he would slap tariffs on all remaining imports from China on those dates. Visit Markets Insider for more stories.
PaxNostrum So. Much. Winning.
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China announces tariff hike on $75 billion of US productsNEW: China will raise tariffs on $75 billion of U.S. products in retaliation for Pres. Trump's planned duty increase, the latest escalation in the trade war between the two countries. President Trump’s response is “See! I knew this would work!” Once again proving he doesn’t know how any of this works. Reminder, he has a record of running businesses into the ground to take losses & avoid paying his taxes, the difference is this isn’t a business, it’s the USA. Ta ta Trump.
Source: ABC - 🏆 471. / 51 Read more »
Trump acknowledges China policies may mean US economic painPresident Donald Trump acknowledged his aggressive China trade policies may mean economic pain for Americans but insisted they&39;re needed for more important long-term benefits. Paraphrasing a reporter&39;s question, Trump said, "Your statement about, &39;Oh, will we fall into a recession for THUS FAR - TRILLION DOLLAR lost in stock market value in one day, plus that $1T tax break giveaway to the wealthiest and already prosperous businesses ... $11B loss from Tantrump shutdown, then $32B loss from farm tariffs. Now forecasters predict a TRUMPCESSION. NOT winning! look at Trump....see the expression on his face...thinking he passed a wet fart......
Source: YahooNews - 🏆 380. / 59 Read more »
China to Impose Tariffs on More U.S. ProductsChina says it will impose tariffs on $75 billion worth of additional U.S. products. Tariffs of 5% and 10% on additional U.S. goods will be imposed in two batches on Sept 1 and Sept 15, says the China State Council. MAGAsuckers MAGAts r winning ... but in reverse. Someone will go ballistic now
Source: WSJ - 🏆 98. / 63 Read more »
A slump in freight shipping flashes warning signs for economy as US-China trade war ragesFalling air cargo demand could be flashing warning signs about the broader economy. this is due to Trump's aggressive trade war. no one wins in a trade war, especially the ordinary person. the longer it goes on jobs in every country will have to go
Source: CNBC - 🏆 12. / 72 Read more »
U.S. says China is blocking trillions in oil and gas, will send Navy for Asia drillsThe U.S. is weighing in on Vietnam's side amid a standoff in the South China Sea, where Washington says Beijing is blocking access to '$2.5 trillion in unexploited hydrocarbon resources.' If they are blocking it, what's it to the US? Why do they have to police the world!!! Leave the world alone half the shit going on around the world is because of the US if they just stop there would actually be peace in the world!!! Another propaganda!
Source: Newsweek - 🏆 468. / 52 Read more »