#NEW President Trump announces retaliation to China’s announcement of tariffs on $75B of US goods
-25% tariffs on $250B of Chinese goods will be increased to 30% on Oct 1
-10% tariffs set to go into effect on $300B of products Sept 1 will be raised to 15% https://t.co/k3prjvXKm9— Greta Wall (@GretaLWall) August 23, 2019
Gonna hurt them a lot more than it will us. If anything it will encourage companies to move home or at least out of China to a “friendlier” country.