Trump Orders Consideration of $100 Billion in New China Tariffs

[RandySF]

President Donald Trump said Thursday he is ordering the U.S. Trade Representative to consider $100 billion in additional tariffs on Chinese goods.

“In light of China’s unfair retaliation, I have instructed the USTR to consider whether $100 billion of additional tariffs would be appropriate under section 301 and, if so, to identify the products upon which to impose such tariffs,” Trump said in a statement issued by the White House.

Developing...


https://www.bloomberg.com/news/articles/2018-04-05/trump-orders-u-s-trade-rep-to-consider-100-billion-in-additional-china-tariffs

[Wellstone ruled]

1. Wow,Kudlow and Dobb's are working overtime again.

So Wilbur Ross is going to be a short timer.

[NightWatcher]

2. This will not end well

[DemocratSinceBirth]

3. Please do it. It will tank the economy and hasten his political demise.

[RandySF]

4. Good grief, no.

My kid will soon need braces.

[GusBob]

5. DO IT!!!

[spanone]

6. digging his own grave....go for it don

[DavidDvorkin]

7. Just when the stock market was starting to recover

Now the futures are way down again.

[workinclasszero]

8. See this is how trade wars go...

Tit for tat.

Stock market gonna take a dump tomorrow I bet.

Fire up the farm auctions, Trump's big agribusiness pals are ready to snap up all the soon to be bankrupt family farms.

[smirkymonkey]

9. He won't be happy until he crashes the global economy.

He doesn't care what happens to people or to this country, and certainly not to any other country. As long as he can cause chaos and know that he was the one who was "powerful" enough to cause it, that is all he needs to feed his pathetic ego. We can't afford another year of him.

[workinclasszero]

10. "We can't afford another year of him."

That's the hell of it, we can't afford it and we can't do a thing about it till the end of the year IF we have a blue wave election.

God knows what that shit for brains will cook up in that amount of time!

[lindysalsagal]

11. If China calls in our debt, the global economy bursts.

The banks should be screaming bloody murder.

Effing moron.

[dalton99a]

12. What an idiot. Try $500 billion, $1 trillion - think BIG and BIGGER