Trade war escalates as China says it will impose tariffs on 128 U.S. exports

Discussion in 'Off-Topic' started by truebluefan, Apr 2, 2018.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    The Chinese government plans to immediately impose tariffs on 128 U.S. products, including pork and certain fruits, a direct response to President Trump’s recent moves to pursue numerous trade restrictions against Beijing.

    If U.S. goods become more expensive in China, Chinese buyers could opt to purchase products from Europe, South America or elsewhere, though White House officials have routinely discounted the likelihood of this.

    Beijing’s move could force Trump to decide whether to follow through on expansive trade restrictions he had hoped would crack down on China even if Beijing is now threatening to harm U.S. companies that rely on Asian markets for buyers.

    read more https://www.washingtonpost.com/news...luding-pork-and-fruit/?utm_term=.f0d8926c82e2
     
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  2. stampedehero

    stampedehero Make Your Day, a Doobies Day Staff Member Moderator

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    See........... Trump only thinks in the moment. He does not see tomorrow.
     

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