US trade office gets ready to impose tariffs on another $300 billion of Chinese imports

The USTR outlines a potential duty of up to 25% tariffs on China for goods with an annual trade value of roughly $300 billion. The committee will hold a public hearing on June 17 followed by another week for comments, meaning the earliest possible action for tariffs would be June 24. This gives the White House a window of time leading up to the G-20 Summit to decide.

The USTR unveiled a list of new items that would be subject to the potential round of tariffs. The products, published on the agency'sinclude "essentially all products not currently covered" by the previous rounds of tariffs against China. It ranges from milk and animal products to steel and aluminum.

The proposed list excludes pharmaceuticals, select medical goods, rare earth materials and critical minerals. Any products given exemptions on prior tariffs "will not be affected," the agency said. Major U.S. indexes suffered their worst trading day since January Monday after news that China plans to raise tariffs on $60 billion

, beginning on June 1. President Trump said China's retaliatory tariffs put the United States in a great position and represents "a very positive step" in the ongoing trade negotiations.if you don't make a trade deal. " Trump also said that China had a "great deal" almost completed — but they "backed out.", and includes a range of agricultural products.

The trade office gets ready to pass along another tax increase to Americans orchestrated by the Republican Party and Mr Trump

$1,500 Iphones?

👏👏👏

Trump knows CCP well. He is right on the money!

Good... see, the key to free trade is both sides have to practice it. They haven't been playing fair for 30 years now.

This would be the dumbest move yet. Resolve the issues instead of ratcheting up.

效率太低了…

This is not diplomacy

War is on! Who will win? Of course, we will.

~go

A trillion dollars in stock value was lost today. Guess Tariff Trump doesn't think that's enough.

45% better

LOL $QQQ $SPY $DOW $BABA $AMZN $EVERYTHING LOL

Trump will fix China's clock

CNBC: 美国贸易办公室已准备好对另外 3, 000亿美元的中国进口商品征收关税 強硬派潰敗, 投降派粉墨登場. 其實強硬派與投降派都是同一人: 王岐山

I wonder if they will change their minds if the market goes down again?

Yikes

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