But current and former administration officials have cautioned that a deal with China. Trump has also threatened on multiple occasions to levy duties on $300 billion in Chinese goods that are imported to the U.S., which would result in taxes on nearly all U.S. imports of Chinese products.
U.S. tariffs on China and other sources have reportedly already raised prices on some goods. The Becker Friedman Institute of Economics at the University of Chicago, for instance,Taxing all imports from China would do the same for many more products — and that could be a liability for Trump's reelection chances.
Trump could open himself up to more attacks from Democrats on tariffs as the 2020 election nears. And while it was hardly the main focus of the first presidential debates,"The tariffs and the trade war are just punishing businesses and producers and workers on both sides," entrepreneur Andrew Yang said during the Democratic primary debate Thursday night.deeply affecting U.S.
Bet THAT Shit ! !
Ever have a positive article?
That’s what CNBC wants...to help Democrats.
I really don’t understand where is this statement come from.
Don’t you mean, “if our President fails to give in to the trading partners, America’s been generously supporting since 1938, we can afford to walk!”
The political analysis at CNBC is beyond bad. Feels like it’s always written by a Russian bot
nothing can help the democrats
Keep hoping !Democrats message is raise taxes, get rid of private insurance ,give everyone free medicare free college including for all illegals. reparations, raise taxes on business. Open borders. Economy will tank and all jobs will leave the US
Nah. There will be some crappy trade deal and he’ll declare it the “ most amazing deal in history!”
Have you seen that crew the Dems have running?
If Trump make deal and cancel tariff, he will lost all .
While china is buying all the ports from around the WORLD MAGA
And If Trump gets deal with Xi can we expect an article saying it hurts dems? My guess is not from biased
There is zero chance the tariff issue will remain unresolved by Nov 2020. Even a slightly better China trade deal would be an accomplishment, long time coming. Don’t get your hopes up Dems. More likely a recession will be delayed by rate reductions & a new trade deal in 3-6 mos.
BS
From the looks of all democrats running, he's good.
Oh just kickoff at this stage. Companies from the states are subsidised. Look at the money paid to Israel. It has to be paid to us companies of mass destruction. Just fuck off. No one takes you seriously any more. Most corrupt country in the world now and you just don't see
Keep hating America, CNBC. It’s the only thing you are good at.
CNBC=propaganda
Unless people vote with common sense. Forget the name Trump for one moment and think of how China has treated trade with the USA. Subsidised exports, ignoring patent law, industrial espionage on a huge scale. If anyone other than Trump had challenged China it would be lauded.
Negative Ghostrider.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: WSJ - 🏆 98. / 63 Read more »