Trump instructs staff to move forward on $200 billion in Chinese tariffs

[F-22Raptor]

US President Donald Trump has instructed staff to move forward with the next round of tariffs on Chinese goods, US media have reported.

The tariffs are expected to apply to about $200bn worth of imports from China, including electronic parts and consumer goods such as handbags.

It remains unclear when the new import taxes - which could be as high as 25% - will go into effect.

Officials are reportedly still working on the final list of products.

https://www.bbc.com/news/business-45527935

 

[Imran Khan]

good news hope USA escalate trade war and we see end of usa influence very soon

 

[leviathan]

#Mega

 

[hiseen]

2000000000000bn~~~~~~~10 Million Years

 

[Dai Toruko]

Poor china, the Mao's kids crying now.

 

[Flash_Ninja]

They'd have to be insane to go forward, if "electronic parts" is as broad as it sounds, then that would be terrible given how much US industry depends on such things

Surely he cant be this stupid right

 

[Nan Yang]

US President Donald Trump has instructed staff to move forward with the next round of tariffs on Chinese goods, US media have reported.

The tariffs are expected to apply to about $200bn worth of imports from China, including electronic parts and consumer goods such as handbags.

It remains unclear when the new import taxes - which could be as high as 25% - will go into effect.

Officials are reportedly still working on the final list of products.

https://www.bbc.com/news/business-45527935

Do you know who will end up paying for the tariffs ?

 

[hiseen]

Poor china, the Mao's kids crying now.

Welcome Turkey to join the crying team~~~No one knows who will cry in the end, The only thing that is certain is that Turkey has been crying for some time, But no one feels sorry for you.

 

[Nilgiri]

good news hope USA escalate trade war and we see end of usa influence very soon

USD is pumping in the veins of the global economy. Not going to happen. Someone big (and a good number of others) has to be ready to collapse their economy to try damage USD as the reference benchmark.... and attempt to create some system reset...no one has guts to do that. Heck China literally keeps its currency undervalued w.r.t USD to subsidize its jobs because of the fear of revolution like tianenmen gave a small glimpse to.

No one wants to put a gun to their head not knowing if US head is also there next to it so the bullet may enter there next....because you have to fire to find out...and no one can assure if respawning happens.

 

[TaiShang]

Poor china, the Mao's kids crying now.

How would an Arabized guy know?

@+4vsgorillas-Apebane , could be an incarnation of the "rabid turkey" you had nice time previously .

 

[TheTruth]

Poor china, the Mao's kids crying now.

That's fine, RMB:TRY is close to 1:1 now. They will be able to hire lots of Turkish toilet cleaners and hookers for Uyghur's patriotic education centers.

 

[FuturePAF]

wait till we see the economic numbers for the third quarter this year, before the midterm elections. Every quarter after that will be worse for years to come. the tax cuts coupled with these tariff will hurt consumers and business in the long run.

 

[+4vsgorillas-Apebane]

How would an Arabized guy know?

@+4vsgorillas-Apebane , could be an incarnation of the "rabid turkey" you had nice time previously .

Can't be!

@atatwolf died during the early years of the FSA. Slipped on a kebab during basic training and never made it to the front.

 

[Dai Toruko]

Trade with China is basically the same as trade with a slave plantation. Businesses love it. Workers hate it. Anyone with a sense of morality is opposed to it.

 

[hiseen]

Trade with China is basically the same as trade with a slave plantation. Businesses love it. Workers hate it. Anyone with a sense of morality is opposed to it.

You passed through the middle ages, Into the twenty-first Century funny clown?

https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_China
List of the largest trading partners of China


List of largest trading partners of China[edit]
The major Chinese trading partners for 2015 were as follows:

• Figures are for mainland China, excluding the special administrative regions.

2015 Imports and Exports by Region (Billions of USD)[3]
No. Region Total trade Exports Imports Trade
balance
Total 3,953.0 2,273.5 1,679.6 593.9
1 Asia 2,094.4 1,140.1 954.3 185.8
2 Europe 696.3 403.2 293.1 110.2
3 North America 613.1 439.0 174.1 264.9
4 Latin America 235.9 132.1 103.8 28.3
5 Africa 178.8 108.5 70.3 38.3
6 Oceanic and Pacific Islands 133.4 50.5 82.9 -32.4