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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump willing to put tariffs on all $505 billion in Chinese goods
Donald Trump has indicated that he is willing to slap tariffs on every Chinese good imported to the U.S. should the need arise.
"I'm ready to go to 500," the president told CNBC's Joe Kernen in a "Squawk Box" interview.
The reference is to the dollar amount of Chinese imports the U.S. accepted in 2017 $505.5 billion to be exact, compared to the $129.9 billion the U.S. exported to China, according to Census Bureau data.
Thus far in the burgeoning trade war, the U.S. has slapped tariffs on just $34 billion of Chinese products, which China met with retaliatory duties.
https://www.msn.com/en-us/money/markets/trump-willing-to-put-tariffs-on-all-dollar505-billion-in-chinese-goods/ar-BBKQZnA?ocid=spartanntp
The Velveteen Ocelot
(115,683 posts)Renew Deal
(81,856 posts)I want the positive effects to be realized before the midterms.
Matthew28
(1,798 posts)I want the Trumpers to realize that they fucked up! Big time.
Angry Dragon
(36,693 posts)smirkymonkey
(63,221 posts)Go for it, dipshit.
Farmer-Rick
(10,163 posts)Show everyone how smart you are about national economics. Do it Traitor Trump, Do it.
beachbum bob
(10,437 posts)China has so many things they can do to screw us
1. dump treasuries
2. 90 day trade embargo of all ingoing and outgoing ships
3. dump treasuries, did I say that already?
4. buy no more US debt
5. total embargo on all US agricultural products
6. Work with Russia, OPEC and EU to dump US dollar as world reserve currency and go to some cryptobase platform (been in the works for a few years)
7. Tell North Korea to go at South Korea?
tired of winning yet?
lapfog_1
(29,199 posts)and the world goes into depression... worst ever.
SamKnause
(13,101 posts)Prove your ignorance.
tman
(983 posts)Bring on the recession then.