Posted on 04/04/2018 4:42:38 PM PDT by davikkm
If you were not paying attention, the White House threatened on Tuesday to slap tariffs on fifty billion dollars worth of Chinese imports, which will affect 1300 categories of products. Chinese imports that will suffer from 25 percent levies would include medical equipment and medicines, chemicals, machine tools, television sets, dishwashers (consumer goods basically) etc. as per an official statement via U.S. Trade Representative. Beijing’s reaction was harsh, threatening to take equivalent measures against US products, and on Wednesday they announced their own (extra) tariffs on 106 US made products (the same 25 percent levy) , targeting up to 50 billion of US products every year, including soy beans, whiskey and cars, in a tit for tat move. However, none of these threats/tariffs will go into effect immediately, so let’s analyze the situation.
(Excerpt) Read more at investmentwatchblog.com ...
I agree with Trump’s actions. I have yet to see one of these articles translate the 25% tariffs to actual price increases we would see at the store.
We import 4 times the amount that we export with China. If China slaps a $50 billion tariff on the US,then we should do the same to $200 billion worth of Chinese goods.
Exactly right.
Good post.
China need us a hell of a lot more than we need them.
A good article.
China is not our friend.
I don’t understand the problem with tariffs on Chinese goods. If the product is too expensive, don’t buy it. Buy something else.
The Chinese have been screwing us for years and this is “Trump’s Trade War?”
Screw the Never Trumpers who hate America!
the chinese have targeted products from red states.
the great danger to trump is that the trade war will strip out support from red states that see their businesses decline as a result of the trade war.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.