U.S. Files Paperwork to Raise China Tariffs on Friday

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The filing formalizes the threat made by President Trump and U.S. Trade Representative amid trade talks with Beijing

Filing formalizes threat made by President Trump and U.S. Trade Representative amid trade talks with BeijingWASHINGTON—The U.S. Trade Representative’s office filed paperwork to formally raise tariffs to 25% from 10% on about $200 billion a year of Chinese imports effective on Friday, carrying through on a threat made by President Trump over the weekend as talks with Beijing enter their final stage.

The USTR had first imposed 10% tariffs on the goods in September, with an original plan to raise the rate to 25% in December. But as negotiations got under way with the Chinese, the USTR delayed the tariff increase.

 

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Trump sends markets up and down with tweets and idiotic tactics. This isn’t the way investing is suppose to be

Trump is in cohoots with Xi, wants to be just like him, president for life, unchecked power and wealth. Trump's wants concentration camps, stocked with undocumented immigrants. China butchers detainees for human vital organs that retail for $350,000 USD. MAGA impeachmentNOW

The Die is Cast!

I want a negotiator who DIDN’T blow a billon dollars.

From the man who lost almost $2B in NY real estate in the 80’s and 90’s. TrumpIsAFraud

Thursday & Friday are big days......

Is this their engagement photo?

Meaningless negotiation。

Nooooooooooo!

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