Trump hits China with fresh tariffs, threatens more if Beijing retaliates

[maithil]

WASHINGTON/TIANJIN (Reuters) - U.S. President Donald Trump escalated his trade war with Beijing, imposing 10 percent tariffs on about $200 billion worth of imports in a move one senior Chinese regulator said "poisoned" the atmosphere for negotiations.

Trump also warned in a statement on Monday that if China takes retaliatory action against U.S. farmers or industries, "we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports."

China is reviewing plans to send a delegation to Washington for fresh talks in light of the U.S. decision, the South China Morning Post reported on Tuesday, citing a government source in Beijing, raising the risk of a prolonged trade battle between the world's largest economies that could hit global growth.

https://mobile.reuters.com/article/amp/idUSKCN1LX2M3?__twitter_impression=true

Meaning: "When I slap you, don't scream. If you scream, I'll slap you harder."

 

[khansaheeb]

Trump has China by the balls and is squeezing hard

 

[Nein]

So who is winning this trade war?

 

[shjliu]

So who is winning this trade war?

no one！

 

[maithil]

Trump has China by the balls and is squeezing hard

Seems like it. All Chinese aggression is gone now.

 

[rambro]

Seems like it. All Chinese aggression is gone now.

What aggression?

 

[TaiShang]

China to respond to tariffs with retaliatory measures on US goods: MOFCOM

https://news.cgtn.com/news/3d3d414e35636a4d7a457a6333566d54/share_p.html

 

[royalharris]

Already retaliated
Cow boy, next?

 

[zectech]

China to respond to tariffs with retaliatory measures on US goods: MOFCOM

https://news.cgtn.com/news/3d3d414e35636a4d7a457a6333566d54/share_p.html

Pointless, threaten the Orange monster with selling J-20s to Iran if Washington does not pull all tariffs immediately.

 

[Yaseen1]

china may stop using dollar as trade currency and dollar will crash.

 

[khansaheeb]

Pointless, threaten the Orange monster with selling J-20s to Iran if Washington does not pull all tariffs immediately.

lol, even better, give nukes to Hezbollah.

 

[zectech]

lol, even better, give nukes to Hezbollah.

Now that sounds like a great idea. But seriously, Assad gets 50 J-20s unless the tariffs are lifted.

china may stop using dollar as trade currency and dollar will crash.

They have been saying that for a decade. The Washington criminals print tens of trillions more privately printed FRNs than anyone knows about and uses them for blackmail and other black-op deals. The world is awash in FRNs and if you threaten to crash the toilet paper known as FRNs, you get option one: a pallet full of FRNs just for you to be their puppet or you get option 2: bombed.

It is "illegal" to audit the Federal Reserve, the jew clan that runs the Federal Reserve don't tell what goes behind the doors of the printing of FRNs. If someone tried to audit the unlawful Federal Reserve, owned by jewish families, teams of jews shredding documents would be ordered into Washington.

 

[haidian]

Trump has China by the balls and is squeezing hard

US only found that its squeezing its own ball now is pulling all stops begging China to talk.

Seems like it. All Chinese aggression is gone now.

Do you mean that US trade deficit with China hit the record high last month after the tariff?

 

[TaiShang]

Pointless, threaten the Orange monster with selling J-20s to Iran if Washington does not pull all tariffs immediately.

Economic war needs to be fought on economic grounds.

China is already defying the US by increasing oil purchases from Iran. What is more meaningful is that most of EU countries do not as well listen to the US orders.

The most valuable strategic gain China can get from Iran affairs is if the US-Europe alliance is fractured.

War must be grounded on this level.

Selling this or that weapon to Iran is pointless because the US will always out-spend and out-militarize.

 

[khansaheeb]

US only found that its squeezing its own ball now is pulling all stops begging China to talk.


Do you mean that US trade deficit with China hit the record high last month after the tariff?

The Yanks are trying to reign in the dragon. They first straddled it with dependency and now they are using the spurs of tariffs. The dragon will feel the pain and will suffer a little but may overcome if it is fit and strong. Unfortunately the yelping poodles around cannot help but watch in dismay.