WASHINGTON – President Donald Trump said Friday that trade talks will continue between the United States and China, even as new tariffs took effect and the president threatened the Chinese with even more in the future.
The results, they said, will be higher prices for consumers, perhaps less trade between the world's two largest economies, and more complicated negotiations on a new trade agreement.The impact on stocks: Dow, stocks poised for a lower open after higher tariffs kicked in Talks with China continue in a very congenial manner - there is absolutely no need to rush - as Tariffs are NOW being paid to the United States by China of 25% on 250 Billion Dollars worth of goods & products. These massive payments go directly to the Treasury of the U.S....
The White House left open the possibility of coming to an agreement to roll back what would amount to the largest escalation to date in a months-long trade war with Beijing. The announcement came after Trump and his top economic advisers had said for weeks that talks with China were progressing and that a deal was imminent. As late as Thursday afternoon – hours before Chinese Vice Premier Liu He met with his counterparts in Washington – Trump signaled that a deal with Beijing remained within reach.Impact: This is what might happen if U.S. starts a trade war with China
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Trump's Base In Panic Over 25% Tariffs On China GoodsTrump and the Republican Party's base voters are the hardest hit in the China trade war. That can’t be the only reason... I’m not. Incorrect. No panic.
Source: Forbes - 🏆 394. / 53 Read more »
Trump's Base In Panic Over 25% Tariffs On China GoodsTrump and the Republican Party's base voters are the hardest hit in the China trade war. And we stand behind him. We are willing to take the hit to better our nation. They don’t realize it though. And if we get a fair trade deal with China they will be the largest winners. Then the headline will indicate how unfair it is.
Source: Forbes - 🏆 394. / 53 Read more »
Citing Chinese 'retreat from specific commitments,' U.S. officially prepares tariff hike to 25%The Office of the U.S. Trade Representative set a Friday effective date to increase tariffs on an estimated $200 billion of China goods to 25% from 10%. The...
Source: MarketWatch - 🏆 3. / 97 Read more »
China threatens to respond ‘in kind’ if President Trump imposes higher tariffs on FridayThe warning from China’s commerce ministry comes as China’s vice premier arrives in Washington for another round of trade talks. The statement suggested that China was prepared to retaliate with higher tariffs on American products in response to Trump’s threats. This is a developing story. It will be updated. 来而不往非礼也。 And who pays for this? We do. Trump will cave to the Chinese, just like he did to N Korea, then claim he actually won, just like he has been claiming he is a great business man. The facts never matter, it is all about the confidence game. The great Grifter.
Source: washingtonpost - 🏆 95. / 72 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 says tariffs on $200 billion of Chinese goods will increase to 25% on FridayAs Amazon starts to roll out one-day shipping to its most loyal customers, it already has a logistics network spanning much of the U.S. Fuck GET THE BEST DEPLORABLE TEE TODAY!! Trump2020 Trump MAGA Didn't he recently infer that things were going well with the talks and results would be announced soon? This would seem to raise doubt. If they were close to an agreement, one would think he would put this increase on hold. Or maybe he was just lying again.
Source: CNBC - 🏆 12. / 72 Read more »
Buttigieg trolls Trump with Chinese proverb after Trump mocks him on holding his own with ChinaPete Buttigieg said he wasn't worried about Trump's 'name-calling and the games he plays.' Ok BUTTPIG! Pete Buttigieg All-American PeteButtigieg2020 AndyWarhol
Source: USATODAY - 🏆 100. / 63 Read more »
Explainer: Who pays Trump's tariffs - China and other exporters or U.S. customers?EXPLAINER: Who pays Trump's tariffs - China and other exporters or U.S. customers? by rajeshkumarsgh ywchen1 rajeshkumarsgh ywchen1 Who pays Trump's tariffs? Every American Citizen in this picture. rajeshkumarsgh ywchen1 That’s how stupid Trump is. If China pays 25% more than so do we the people. Biden is correct. We’re dealing with a clown trying to become a dictator and the Republicans are following the clown to the slaughter. We cannot let this criminal and his vile spawn and the GOP win rajeshkumarsgh ywchen1 So clearly the trick is to keep as much money as you can in your own economy BY MAKING THE CONSUMER GOODS A COUNTRY NEEDS WITHIN ITS OWN TERRITORY. Less global transportation of goods that must be better for the environment. Better employment rates within countries. Many benefits
Source: Reuters - 🏆 2. / 97 Read more »
U.S., China to continue trade talks Friday, despite tensionsAmid rising tensions, the U.S. and China agreed to continue trade talks for a second day, the White House announced Thursday night. 'This evening,... As expected
Source: MarketWatch - 🏆 3. / 97 Read more »
US-China trade negotiations will continue on Friday, White House official saysAmerican and Chinese negotiators have agreed to continue their trade talks, a White House spokesman said Thursday. GregMannarino I thought it was done LOL! No deal in sight. Trump still manipulating the stock market. Any word from the White House if they will still go ahead with tariffs?
Source: CNBC - 🏆 12. / 72 Read more »