'We're freaked': Trump startles US businesses with fresh tariff hike

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President Trump's decision to escalate tariffs on $200 billion of Chinese goods on Friday is angering American businesses that say they were taken by surprise

Washington President Donald Trump's decision to escalate tariffs on $200 billion of Chinese goods on Friday is angering American businesses that say they were taken by surprise.

Importers received just five days' notice about the sudden rise in the tariff rate to 25% from 10%. Phil Page, the CEO of Missouri-based Cap America, estimates that his company has more than $1 million worth of baseball hats already ordered that will now be hit with the higher tariff. "It's very difficult to understand what the President is going to do by a business perspective. To spring it on us all at once like this is a very poor judgment on his part," Page said.

 

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Am I the only one who sees trump as an illegal one man band? How can he and he alone decide and act on gov. Issues? And I saw him as our dictator almost from the beginning. No checks and balances allowed. We have lost our freedoms. The super rich are in charge. Are we lost?

It's complicated Bo

So how many would have put their vote and trust in Trump the great dealmaking genius , if you knew that his business lost in excess of $1 Billion in the past decade .No wonder he’s protecting his Tax Returns .

Sorry 🤷‍♂️ China needs to be dealt with.

Trump doesn't care. He's a 'zero-sum' kind of guy. Either 'They' win or 'We' win. Anything more complex is un-American (re. Un-Trump).

When you get Fredericktown freaked and against you, you're getting into real trouble.

You all were warned months ago ..Trumps not Obama

This guy voted for this, now he and his employees are going to pay the price, smh.

Buy and sale American than I wouldn't have this problem..geezzz

This has been going on for almost a yr, trump published what he was going to do on tariffs, all over the news, and you didnt anticipate price increase Then you not planing well.

answer is to continue to let China steal our technology and take advantage of America

Trump and the news claiming great economy. Life is peaches and cream. Trump and administration calling it the best life for everybody. Land of milk and honey. No one is going to bite a bullet here.

Suck it up Americans. Change is hard but necessary. Do these people know the harm that China has done to America? Do you know what Obama & Hillary sold to China? Our national parks. That’s right, China now owns our national parks through Eminent Domain If we default on our debt.

You told us the same thing when the tariffs were first put on, yet our economy is roaring. Now we’re supposed to believe you again? Nah.

PhilPage when you sympathize with realDonaldTrump, you get what you deserve. Sorry bud. DeranagedDonald

I MEANING OF I

Short term pain....long term gain? Not that Brianna would know. She's too busy being paid by CNN, like she is curing cancer.

Just roll over & let China steal our technology, widen the trade imbalance & take over the world.......that's what America needs to do....Right ?

writewhale Let the Maggots that voted him in feel it.

Got to make some sacrifices for the good of the all - China is raping the US that must change.

One more economic casualty of this failed administration.

Cherry pickers.

Good time to source American made.

I 10:39 B ILLDEBALSI O ILL LED BED I LEAD MOVING FORWARD IG HON 10:43 GOD IG T 11:78 SOUND AND POINT TO SET HON 11:11 T 12:25 THIS IS MY BODY IG HON 12:29 THIS IS MY STORY IG T ON DEBB IE O(FC) I 1:6 I SAID I CALLED U I T ON 188 JENN I FER M A'Z U R I 1:20 SAID BEAUTIFUL T R EAR

As usual, Trump carelessly stomps on the 'little guy' - contrary to Trumpeters dreams, he only cares about his wealth and what his wealthy cronies want.

To look tough, you don't place tariffs on materials American businesses buy to make what they sell. You place tariffs on finished products unfairly subsidized that compete with American goods when sold in the US. Trump is winning he propagana war. This is one of his tactics.

I import steel from China and I pay the tariffs too. But, this needs to be done. China has not be playing by the rules the rest of the world does. And we need to take a stand. I wish I could buy USA cast but, I can't. Create a level playing field and I may be able to.

He probably voted for trump 🤦🏾‍♂️🤦🏾‍♂️

If Trump crashes the economy I’m gonna start eating people if I’m broke. Just so you know, I’ve already thought about who would be tastiest

Pro business...not small business of course.

This is a 2 part Trump thing. 1st is to manipulate the market so the 1% can steal from others. Part 2 is to distract from Congress & Trump's crimes. We have a Insane President. Article 25 should be used now. Lets test it. Trump's crushing American's.

He should just send the bill to China, realDonaldTrump says that China is paying the tariffs.

But the economy is booming so the Trump “presidency” is a success! OMG!

'Phil Page, the CEO of Missouri-based Cap America, estimates that his company has more than $1 million worth of baseball hats already ordered that will now be hit with the higher tariff.' Are they MAGA hats? 🤣🤣🤣🤣🤣

Ask him who he voted for!

ANOTHER MAGA JUST REALIZING THAT HE WAS SNOOKERED! TOO BAD SO SAD YOU LOST MONEY! BUT HE WILL STILL VOTE FOR TRUMP YOU GET WHAT YOU SOW OLD MAN!

They’ll have to dig into their free tax cut money.

CNN would rather have America keep getting fucked

Now, ask Phil if he voted for Trump.

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