President Donald Trump said Thursday he will expand tariffs to virtually all imports from China on September 1, a move that's expected to raise the cost of household products ranging from cellphones to clothing. The latest round would hit significantly more consumer products than previous duties, from clothing to cellphones. The Trump administration claims foreign exporters pay tariffs, but evidence suggests Americans bear the brunt of their costs. Visit Markets Insider for more stories.
President Donald Trump said Thursday he will expand tariffs to virtually all imports from China on September 1, a move that's expected to raise the cost of household products ranging from cellphones to clothing. The latest round would hit significantly more consumer products than previous duties, from clothing to cellphones. The Trump administration claims foreign exporters pay tariffs, but evidence suggests Americans bear the brunt of their costs. Visit Markets Insider for more stories.
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Trump says he could raise tariffs on $300 billion of Chinese goods above 25%Markets tanked on Trump's latest threat to increase tariffs on Chinese goods. Here's what five experts say investors should watch for next. Why is this not a surprise That's strange. 0.65% loss counts as 'TANKING' ? Keep going. Set China straight. Things will right itself in the end Trump2020 🇺🇲
Source: CNBC - 🏆 12. / 72 Read more »
Trump slaps 10 percent tariff on $300B more in Chinese goodsBREAKING: President Trump says he will impose a new 10% tariff on $300B of Chinese goods starting Sept. 1; Dow falls more than 450 points. Someone please check on what companies Trump and his co-conspirators are invested in as he intentionally tanks the economy.... adallos Everything POTUS touches dies. Breaking. Trump is a racist and has been accused of rape.
Source: NBCNews - 🏆 10. / 86 Read more »
Trump pledge to impose another 10% tariffs on Chinese imports bolsters rate-cut expectationsTraders' expectations for the Federal Reserve to ease policy rose in the fed fund futures market after President Donald Trump announced plans to impose 10%... Is Trump trying to force the Fed to cut rates further by increasing tariffs to harm the economy? Is he doing this because he needs his personal rates cut or is trying to create chaos so the can declare an national to solidify his power Way to burn the small business people that trade stocks Trump go find a piece of tail so you’re mind gets off Twitter your killing our profit in seconds it doesn’t go up in seconds you have serious insecurities 🤷🏻♂️👆🏻👎🏻 Got to go after AAPL. tim_cook is a China before American anyway. Break these supply chains.
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump to Impose Additional 10% Tariff on Chinese GoodsPresident Trump said the U.S. would impose an additional tariff of 10% on $300 billion in Chinese goods and products beginning on Sept. 1, after trade talks this week failed to yield any significant results. Whoop Whoop 🤷🏻♂️ We give China 550 billion dollars a year...about time China stops using america for a doormat to wipe there feet on... How much more will Americans have to pay for this stupid approach? He's going to tank this economy. The federal reserve is already concerned he is causing a slowdown
Source: WSJ - 🏆 98. / 63 Read more »
Trump says the US will slap tariffs on virtually all Chinese imports next monthTrump accused China of reneging on past commitments, including buying more American agricultural products and stemming the flow of Fentanyl to the US. Trump: Death to America!!!... We actually need a 90% tariff on China in the name of supporting multiparty democracies Return investment to Central America and our Asian allies Because tariffs are working so well...🙄
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump announces tariffs on $300B of Chinese goodsPresident Trump says additional tariffs on China will go into effect on September 1st. CNBC Editor at Large John Harwood joins Stephanie Ruhle to explain how this will affect America and the markets. This is the most ridiculously stupid thing I have heard. We already have jobs numbers coming in showing an uptick in layoffs. We can see the fed trying to head off another recession. And Brexit is coming and that will affect us. And Trump adds more stupidity on it. When you elect a reality show conman that has the most bankruptcies in America, and doesn’t have a clue how tariffs work, what do you expect?
Source: MSNBC - 🏆 469. / 51 Read more »