Posted on 08/23/2019 6:50:03 AM PDT by Steve1999
China announced Friday it will impose tariffs on $75 billion worth of U.S. goods, the latest salvo in the year-plus trade war between the world's two largest economies. The country's State Council said tariffs of 5 percent to 10 percent will be imposed on a variety of American goods in two batches, with the first going into effect next month and a second scheduled for December, multiple media outlets reported, citing state-run media. The second batch of tariffs will reportedly include a 25 percent tariff on all U.S. automobiles.
(Excerpt) Read more at thehill.com ...
Ok dudes, let’s start the tariff war, you need us much more than we need you.
Other than soybeans, doesn’t China import, manufacture and export products back to the U.S. (made in China)?
OMG, what will this do to the cost of an iPhone?
Don’t care.
How’s the food supply going, China? Already running low on juicy pork and yummy soy, aren’t you?
You can’t eat iPhones...
They are really going to enjoy the company of Karma
U.S. exports are 12% of U.S. GDP. Exports from China are a bigger part of China’s GDP.
But that does not matter to China at the moment. Their audience - who they are singing their tariff song to - is the U.S. media, so that the U.S. media will turn around and blame Trump.
Wonder why they decided to take this action instead of playing fair.
“Fair” does not exist as a concept in China. Only “win”.
Can’t forget that the majority of that is within Nafta. With the exception of a few replaceable areas, they can’t hurt us for long.
“Can’t forget that the majority of that is within Nafta. “
I am not sure what you mean by “that”, in your statement.
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