Trump threat of more China tariffs could hit consumer goods before Christmas

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U.S. President Donald Trump’s threat to jack up U.S. tariffs on Chinese goods could hit consumer goods before Christmas by andrea_shalal

WASHINGTON - U.S. President Donald Trump’s threat to jack up U.S. tariffs on Chinese goods if the world’s two largest economies fail to reach a trade deal could raise the price of cellphones, laptops, and toys less than two weeks before Christmas.

Stocks fell on Wednesday in Asia and Europe and initially in the United States as investors digested his comments. [L2N27S0OL] The Trump administration hoped to avert the Dec. 15 tariffs, if possible, said William Reinsch, a former senior U.S. Commerce official and trade expert at the Center for Strategic and International Studies.

Reinsch and other experts said they still expected Washington and Beijing to reach a “phase one” agreement before that point, but the timing was looking less certain. Trump had agreed in October to skip raising those tariffs to 30% from the 25% rate in place now. That would affect goods ranging from industrial components and semiconductors to furniture and building supplies.

 

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andrea_shalal So predictable. Only fools thought there was a “phase one” deal. POTUS is a fraud.

andrea_shalal You can't tell the difference between a real Christmas tree and a Fake, stop killing trees for your own senseless greed and save a tree, buy a fake tree. The first tree is fake the second is real and you can't tell the difference.

andrea_shalal Grouchy old grinch.

andrea_shalal Death to a tree that could save the planet for what, you could have a fake tree and been just as happy. This cutting down tree's for the holidays has got to stop. I've had a fake tree for years and you can't tell it from a real tree, except mine is made out of petroleum products.

andrea_shalal Buy American

andrea_shalal Phineas T. Bluster.

andrea_shalal On the plus side, at least they used his title On the minus side, all the opinionating

andrea_shalal Oh nose not that again.

andrea_shalal

andrea_shalal Of course it will

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