Are prospects for a U.S.-China trade deal fading? That was the conventional interpretation of President Trump’s Sunday tweet, in which he said he’d raise tariffs from 10% to 25% on $200 billion of Chinese exports at the end of this week. Mr.
Trump’s announcement shocked China’s leaders because they underestimated the strength of American hawks’ influence, just as Americans once underestimated the influence of Chinese hawks. But the president’s tough line now—heading into the final stretch of negotiations—will reduce friction later. China is less likely to cheat on any future agreement if it needs to comply to earn a reduction...
mikepillsbury Doubt it
mikepillsbury He is the biggest trouble maker since the end of WWII.
mikepillsbury POTUS Trump's thought process is very deep and multi-layered. Too many people fail to see that. While it appears he may 'tweet from the hip' in reply to current events, look at what he does, not just what he says. Judge the actions, not the words.
mikepillsbury Attempting to make China lose face by folding is NOT an incentive. China is not going to give Trump what he wants.
mikepillsbury La Pregunta es como juega UUEE si debe hasta los Calzones.
mikepillsbury China has an incentive to meddle in the 2020 elections. Now that’s it’s Ok to do so.
mikepillsbury Because China is also a 3 year old?
mikepillsbury Oh there's a reason, thought governments just fuck with each other.
mikepillsbury “Love me Daddy!” -The WSJ Opinion Page to Murdoch, daily
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Before new round of trade talks, Trump says he’ll raise China tariffsPresident Trump turned up the pressure on China on Sunday, threatening to hike tariffs on $200 billion worth of Chinese goods before the next round of scheduled trade talks. With all the hype about increase jobs & wages, No inflation? Tariffs R doing just that. The effect is now showing up in cost of goods starting at production & construction costs, ending at consumer. People can still lose homes w/cost of living going up . PUTINtrump2020 GOP=GobblingOrangePoop .
Source: latimes - 🏆 11. / 82 Read more »
Global Markets Tumble After Trump’s Threat to Raise Tariffs on ChinaU.S. futures and stock markets in Asia dropped, oil prices fell and the Chinese yuan weakened as trade tensions between China and the U.S. escalated. realDonaldTrump BestNegotiatorNever PaisajeFinanciero jorgearturosaza ribarcodi No. The markets will crash based in one tweet from a madman. The SEC should investigate!
Source: WSJ - 🏆 98. / 63 Read more »
Trump suddenly says he’ll raise China tariffs before talks this weekPresident Trump intensified pressure on China to strike a trade deal in Washington this week by threatening to more than double tariffs on $200 billion of the Asian nation’s sales to the world’s largest economy. I believe they call all this 'winning.' China isn’t scared! Which side are you guys on? Sheesh.
Source: latimes - 🏆 11. / 82 Read more »
Trump's tariffs on China are a 'harbinger' for Europe, here's whyThe latest U.S. tariffs on China could be a sign of what's to come for Europe, analysts have told CNBC. I don’t think he understands how tariffs work. Given that Europe accounts for anything between 15% and 25% of profits for most US tech firms, I’m sure Europe will find pretty effective countermeasures Economic Avengers to the rescue!
Source: CNBC - 🏆 12. / 72 Read more »
Surprise threat from Trump to raise tariffs sinks stocksStocks fell sharply after President Donald Trump issued a surprise threat to raise tariffs on Chinese goods just as talks to end the longstanding trade conflict appeared to be winding down. Fair trade or tariffs 🇺🇸 China's market is hemorrhaging 🇺🇸 Who would want to invest in this economy before a trade agreement with China is finalized and official?
Source: ABC - 🏆 471. / 51 Read more »
President Trump's threat to raise Chinese tariffs sends markets into tailspinPres. Trump, who has called himself 'Tariff Man,' took investors by surprise when he escalated a trade war with China in announcing steep new tariffs on Chinese goods. Which should pretty much lock in the farmer vote for him in 2020 If he is eligible to run in 2020 China has been in a trade war with us for 30 years. President Trump is the first President to fight back. Best economy in 50 Years If not now, when? Trump isn't smart enough on his own to cash in but I wonder how many of his buddies like Ross, Mnuchin the Munchkin, and the rest of the greedy f**ks that has surrounded himself with sold short based on his tweets.
Source: ABC - 🏆 471. / 51 Read more »
Trump proposes raising tariffs to a total of 25% on $575 billion in Chinese goodsTrump believes the economy is thriving partly because of – not despite – the tariffs. And he vowed more taxes on Chinese imports would come this week. 'Trade wars r easy to win', said a guy whose own cabinet member described as a moron. This should have been dealt with 20yrs ago. Shame on Slick Willie, Dub-yah, and Sir-Spies-a-Lot
Source: USATODAY - 🏆 100. / 63 Read more »
Trump announces plan to raise tariffs on Chinese goods, blames slow pace of trade talksPresident Trump announces that he is increasing tariffs on hundreds of billons of dollars in Chinese goods and says trade talks between the two countries are not progressing as fast as he'd like. A Balanced View of Money Working class America won't notice a difference. MSNBC is whining because their corporate masters will lose a few bucks. Clearly the self proclaimed supremeo negotiator has lost his touch. Honestly not sure he ever had it
Source: NBCNews - 🏆 10. / 86 Read more »
Economists fact-check Donald Trump's claim China, and not U.S. companies, are paying for tariffsEconomic analysts, including the White House's own adviser, appeared baffled by President Donald Trump's China tariff claim Sunday that China — and not U.S. companies — are paying billions in tariff costs. DerangedDonald Is it any wonder this genius was losing over $100m per year? Some other try to get this chance
Source: Newsweek - 🏆 468. / 52 Read more »
In abrupt turn, Trump vows higher U.S. tariffs on China goodsU.S. President Donald Trump on Sunday dramatically increased pressure on China to reach a long-sought trade deal by announcing he will markedly increase U.S. tariffs on certain Chinese goods. Trump had previously delayed the tariff increases earlier in the year, citing productive talks with China. These are taxes on the American consumer... CHINA plays their cards right and Trump will have a recession.
Source: YahooNews - 🏆 380. / 59 Read more »
China is considering canceling this week's trade talks after Trump's tariffs threat, sources sayChinese Vice Premier Liu He had planned to bring a large delegation to Washington on Wednesday to hash out a trade deal — and there'd been talk in recent days that something resembling a deal could result. Instead, two sources briefed on the talks said the Chinese side may back out of this week's negotiations. Good for them, bad for us Why don’t you headline why he’s doing it? Its amazing how the news outlet for so many “smart” people is able to manipulate said “smart” people.
Source: CNBC - 🏆 12. / 72 Read more »