Subject: In-town pool report #3 — Statement on trade from WH
Passing along:
STATEMENT FROM PRESIDENT DONALD J. TRUMP
For many years China (and many other countries) has been taking advantage of the United States on Trade, Intellectual Property Theft, and much more. Our Country has been losing HUNDREDS OF BILLIONS OF DOLLARS a year to China, with no end in sight. Sadly, past Administrations have allowed China to get so far ahead of Fair and Balanced Trade that it has become a great burden to the American Taxpayer. As President, I can no longer allow this to happen! In the spirit of achieving Fair Trade, we must Balance this very unfair Trading Relationship. China should not have put new Tariffs on 75 BILLION DOLLARS of United States product (politically motivated!). Starting on October 1^st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at 30%. Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1^st at 10%, will now be taxed at 15%. Thank you for your attention to this matter!
Xi flexing his displeasure
Report: North Korea has test fired two ballistic missiles over the Sea of Japan https://t.co/aLMUSQ10iP— Jack Posobiec 🇺🇸 (@JackPosobiec) August 23, 2019