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Yo_Mama_Been_Loggin

(107,996 posts)
Thu May 9, 2019, 09:43 PM May 2019

New tariffs on China pose major risk for Trump

Punishing tariffs ordered by President Trump are set to go into place Friday on Chinese goods, escalating a high-stakes battle with major risks for the economy and his reelection.

GOP lawmakers have been pressuring Trump to get a deal with China that would lower tariffs hurting U.S. farmers and manufacturers, but their complaints have failed to move the president or yield progress in talks with Beijing.

After months of touting progress toward a final deal, Trump is set to take a different tack on Friday, when tariffs on $200 billion in Chinese imports will rise from 10 percent to 25 percent, a move Trump said is necessary to hold China to previous commitments.

“We were getting very close to a deal, then they started to renegotiate the deal,” Trump told reporters Thursday. “We can’t have that.”

https://thehill.com/policy/finance/trade/443031-new-tariffs-on-china-pose-major-risk-for-trump

Dotard is talking through his ass.

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