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Trump says US will impose 10% tariffs on $300 billion of Chinese goods

Trump says US will impose 10% tariffs on $300 billion of Chinese goods

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  • This may let China save face & buy some ag products so he can cut these. I suspect China is holding out for the election hoping Dems will let all go on as before: China promises but does nothing.

  • He just can’t help himself. And one day after the Fed. Going for the jugular with China - bold move. Not necessary though

  • Going to be interesting to see what china does and or doesn't do. Political unrest in the upper echelon as well as hong kong their economy's not to stable right now and farming like ours isn't fairing to well.

    Hopefully the fed will ease up on the rates.

    Potus seems to position himself well in diverse situations.

  • China doesn't do threat. A loss of face on this will not be tolerated . The art of the deal is knowing who you are dealing with.

    The other side is that the tariffs paid by the consumers could be used to pay down the public debt owned by China.

  • The longer this stretches out, the more the fool Trump will look. The Chinese play the long game, and they will stretch him out to the point where he has to capitulate completely. Trump’s initial idea over a year ago was good, but he has lost too much ground and support to carry this through.

  • It is the US importers (many small businesses) that are paying for this trade posturing. Consumers have yet to feel the impact.

  • Temper tantrum. Totally in character of a man-child. It’s not free money.

  • Why? This makes no good sense. It’s only going to make business more expensive for a lot of folks in the US and that cost will be passed along to the consumer. We won’t see it for a few months but I’m expecting a price increase on several items around the end of the year if the tariffs remain.

    And

    Why? This makes no good sense. It’s only going to make business more expensive for a lot of folks in the US and that cost will be passed along to the consumer. We won’t see it for a few months but I’m expecting a price increase on several items around the end of the year if the tariffs remain.

    And 10% is not ‘small’. Those percentages do add up.

  • I honestly hope this leads to more productive talks but, I’m not holding my breath. Joining TPP is the real mechanism to bring China to the negotiating table.