from 25% on Oct. 1. Additionally, he said, tariffs on another $300 billion of Chinese goods, which start to take effect on Sept. 1, will now be 15% instead of 10%.could declare the escalating U.S.-China trade war as a national emergency"In many ways this is an emergency," Trump said of the ongoing trade battle.
U.S. President Donald Trump attends a bilateral meeting with Britain's Prime Minister Boris Johnson during the G7 summit on August 25, 2019 in Biarritz, France.intensified over the weekendMeanwhile, Trump dismissed concerns that leaders at the G-7 and other U.S. allies would pressure him to end the trade war with China.
"I think they respect the trade war, it has to happen. China has been, well I can only speak for the United States, I can't say what they are doing to the U.K. and other places, but from the standpoint of the United States what they've done is outrageous that presidents and administrations allowed them to get away with taking hundreds of billions of dollars out every year and putting it into China," Trump said during a bilateral with British Prime Minister Boris Johnson.
"Our country is doing really well, we had horrible trade deals and I'm straightening them out. The biggest one by far is China," he added.
Loads up on calls before he makes a statement
Same words to the US
Keep it in your pants fish lips.
I think there is a big difference in what each side considers “fair”
Fair.. is referring to..who? Anyone has an idea what is it in this theoretical deal to be?
Let us not forget that decades ago it was a collaborative effort by CEO’s, board of directors and wall street to move factories from USA to China
red china dirtier than obama hillary comey brennan n clapper combined
LiveSquawk 2000 point drop on Dow and he’ll be speaking mandarin
Somehow it seems like they are doing this all via twitter.
There’s less than 150million people in Japan and there’s less than 350 million in the USA and there’s over 1 billion people in China ..how is japan buying power is going to help out the US economy..where’s the math..what good deal the President is talking about..
Mnuchin: I illegally foreclosed on homeowners using forged documents, you should believe everything I say.
Is fair defined as China abandoning their multi-decade plans to become 1 in AI, 5G, World class infrastructure, a consumer oriented economy vs low-cost producer. Xi to Trump, “go **** yourself fool”.
guess those talks weren't 'productive'....😏 or maybe they're only 'productive' at obvious support levels in the S&P, Nasdaq, RUT and DJIA?
No no no. Trump does not need a deal. Only China needs a deal. Why bother?😂
To end all Trade Wars all nations should go for replacing all tariffs & taxes including income & corporate taxes by one type of FairTAX a better as in EU VAT%0to100 on all we (corporations,citizens, banks) buy on Goods, Products & Services►YangGang HumanityFirst Fast Forward
Mnuchin and realDonaldTrump desperate much? “Sign it in a second” sounds like you are crumbling
Define fair! Let’s see what you and Don the Dictator think is fair!
LiveSquawk So that means there will never be a deal.
Mexico 🇲🇽 & Canada 🇨🇦 signed the USMCA swiftly... Why is China holding off on their deal? A: They want a better deal than what was comparatively achieved on USMCA? B: They are stalling expecting a new US Leader who is softer than present company? C: They can win a Trade War?
And things would go back to China raping the US, with Wall St as an accomplice Jkylebass robert_spalding realDonaldTrump DonaldJTrumpJr EricTrump maga
Good luck with that 🤦🏽♂️
They’d never honour it.
They're not gonna cave to a 'my way or the highway' asshole bully. They don't have to worry about elections so they can let their people suffer more than Cheetolini without being held in account. BTW Mr. Munchkin, why aren't you in jail yet for violating the 'shall' law?
Is he going to get fired before October?
This is the soft sell or better known as lies before Monday open.
Does anyone know what is exactly the deal to be signed?
Neither party will back down so something new needs to be invented in modern diplomacy. The right wing Christian fundamentalists who want China back in a box. PRC just play long game, a fifty year expansion plan.
your fair, not China's
As Chinese enterprises become more and more competitively by virtue of their own strength, the ability of Western countries to bear the additional costs of tarrif has weakened. That's why the West is dissatisfied with China.
CCP will never honor their promise
If China doesn’t want to give you the chance, you guys can do what? Nothing, nothing, nothing!
better do not trust the chinese communists
Im certain this guy has never played texas hold'm.
Mnuchin’s statement is always contradicting with Trump’s opinions
Lol, and just like that, the doomsdayers are back on the bull train...
Fluffy
Bullshit
He means there's never a deal...
After China via Liu He postures China as the aggrieved party, the U.S. responds in kind. Positions taken, battle lines drawn, blame shifted, rift widened, risk increased. The stage is set. Let the week begin. $ES_F $SPX
Well, Liu said hours ago he wants a resolution to the trade war...
The Media in America is on China’s side
That second will come before the election and it will be very fair for China
China has no respect for the rule of law!
LiveSquawk The fair deal is no deal. It's you not making deals but businesses making deals, deciding whether or not deal is a good one on their own. No one needs you making that decision.
Which means the United States has no initiative.
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