Trump calls for tariffs on additional $200B in Chinese goods as trade war ramps up

[shockedcanadian]

BOOM! Let's see how serious these Communist sob's are.

About time these Communists learn that America has a fighter, finally. I am so glad he picked Pompeo for SOS, he has the background and understanding of how many nations are screwing over America and won't be easily toyed with as he knows all these abusing nations and their dirty secrets.

Get 'er done Trump! God Bless America!

Trump calls for tariffs on additional $200B in Chinese goods as trade war ramps up

© Getty Images
President Trump said Monday he's directed his administration to identify $200 billion worth of Chinese goods that will be subject to additional tariffs, escalating the ongoing trade dispute between the U.S. and China.

The president announced Friday that the U.S. would impose 25 percent tariffs on $50 billion in Chinese goods. Beijing responded with reciprocal tariffs on U.S. products.

Trump declared Monday that "further action must be taken to encourage China to change its unfair practices." As a result, he asked his trade representative, Robert Lighthizer, to identify $200 billion worth of Chinese goods that would be taxed at a rate of 10 percent.

"After the legal process is complete, these tariffs will go into effect if China refuses to change its practices, and also if it insists on going forward with the new tariffs that it has recently announced," Trump said in a statement.

"If China increases its tariffs yet again, we will meet that action by pursuing additional tariffs on another $200 billion of goods," he continued. "The trade relationship between the United States and China must be much more equitable.

 

[basquebromance]

Chinese leaders over the past few weeks have been claiming openness and globalisation, but it's a joke!

 

[shockedcanadian]

Chinese leaders over the past few weeks have been claiming openness and globalisation, but it's a joke!

They are crooks and dirty sob's. The world is going to learn "we have capitalist ideals, you don't. Cange your country or we will protect ourselves from your Big Government exploitation"

 

[basquebromance]

Chinese leaders over the past few weeks have been claiming openness and globalisation, but it's a joke!

They are crooks and dirty sob's. The world is going to learn "we have capitalist ideals, you don't. Cange your country or we will protect ourselves from your Big Government exploitation"

power and money. that's all the Chinese care about. POWER AND MONEY!!!!

 

[MarathonMike]

China won't give up the sweet advantages they've enjoyed without a fight. They are pushing back and think Trump will cave if they can hold out awhile longer. They are mistaken.

 

[william the wie]

China won't give up the sweet advantages they've enjoyed without a fight. They are pushing back and think Trump will cave if they can hold out awhile longer. They are mistaken.

A yuge mistake Trump understands the cash flow statements put out by Chinese companies and their overleverage.

 

[shockedcanadian]

China won't give up the sweet advantages they've enjoyed without a fight. They are pushing back and think Trump will cave if they can hold out awhile longer. They are mistaken.

If this is telling, it's the exact tactic Canada is banking on. They are praying he loses the mid-terms. Now that Trump wisely does what Canada does and claimed National Security (though Canada does it covertly), Canada is probably unsure what they want for mid-terms. Trump will just keep applying tariffs, until Canada or China get the picture.

It's gone on for far too long guys, this is necessary.

 

[del]

trump will fold like a cheap suit once he gets his orders