Trump administration threatens China with $200 billion in additional tariffs
Source: USA TODAY
WASHINGTON President Donald Trump fired another shot in an ongoing trade war with China on Tuesday, as his administration released a list of $200 billion in Chinese goods subject to 10% tariffs.
"This is an appropriate response under the authority of Section 301 to obtain the elimination of Chinas harmful industrial policies," said U.S. Trade Representative Robert Lighthizer, claiming that Chinese trade policies represent a national security threat to the United States.
China, which has denied U.S. accusations of unfair trade policies, has retaliated against previous tariffs with levies on U.S. goods, and can be expected to do so again.
The proposed tariff list that President Trump ordered last month ranges from Chinese air conditioners to leather goods.
Read more: https://www.usatoday.com/story/news/politics/2018/07/10/donald-trump-threatens-china-200-billion-tariffs/773599002/
Next trade war battle!
greymattermom
(5,754 posts)he's not serious.
Achilleaze
(15,543 posts)Liberalagogo
(1,770 posts)n/t
SergeStorms
(19,192 posts)Botox, collagen, or plastic surgery, she most certainly IS NOT "feckless". She's so full of feck it's coming out of her ears (if you could see her ears, that is). She's fecking ridiculous!
Liberalagogo
(1,770 posts)n/t
SergeStorms
(19,192 posts)Contrary to some people's opinions I haven't been living under a rock for the past few months.
Liberalagogo
(1,770 posts)n/t
SergeStorms
(19,192 posts)That's all you've got?
Liberalagogo
(1,770 posts)ES&D.
And welcome to ignore, asswipe.
jmowreader
(50,546 posts)Also, if he was going to put a tariff on anything it would be flags...but he doesn't seem interested in that.
TryLogic
(1,722 posts)He has said he likes to fight... about anything. That is obvious.
We have observed over and over that if there is not something readily available to fight about he will create something.
He is very dangerous because he is not well, he is not emotionally/psychologically healthy. AND as president he has cataclysmic power.
Republican politicians who protect and defend him are unbelievably irresponsible.
muriel_volestrangler
(101,295 posts)"The behaviour of the US is hurting China, hurting the world and hurting itself," a spokesperson for China's commerce ministry said in a statement.
The spokesperson also said the government would have to take the "necessary counter-measures".
https://www.bbc.co.uk/news/business-44789827