Trump 'likely' to announce new China tariffs as early as Monday

[F-22Raptor]

WASHINGTON (Reuters) - U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday, a senior administration official told Reuters on Saturday.

The tariff level will probably be about 10 percent, the Wall Street Journal reported, quoting people familiar with the matter. This is below the 25 percent the administration said it was considering for this possible round of tariffs.

The White House did not immediately respond to a request for comment.

The upcoming tariffs will be on a list of items that included $200 billion worth of internet technology products and other electronics, printed circuit boards and consumer goods including Chinese seafood, furniture and lighting products, tires, chemicals, plastics, bicycles and car seats for babies. It was unclear if the administration will exempt any of the products that were on the list, which was announced in July.

https://www.reuters.com/article/us-...riffs-as-early-as-monday-source-idUSKCN1LV0OB

 

[Viva_Viet]

US start teaching her 1979 bad dog a very hard lesson. Deng's Azz licking policy dont work any more

before licking Jap-US azz in 1979, CN DGP merely 300 USD/year

 

[Misay]

US start teaching her 1979 bad dog a very hard lesson. Deng's Azz licking policy dont work any more

before licking Jap-US azz in 1979, CN DGP merely 300 USD/year

Before America was born.There was no industrial revolution in Europe.
What is China's share of world GDP?
LOL

 

[Viva_Viet]

Before America was born.There was no industrial revolution in Europe.
What is China's share of world GDP?
LOL

There is No hope for a country that even Pigs also can not survive (serious pig disease in CN now) due to foreigners happilly dumping too much toxic waste to her lands, her water

 

[Yingluck]

Who wins the trade war depends on who is the stronger party in trade. It appears that China is the stronger party.

It is questionable if USA can shift production back to motherland. Are the elites willing to pay USD50,000 annual salary + insurance + benefit for their operators? Adding that up, USA workers is 5x more expensive than China.

 

[Viva_Viet]

Who wins the trade war depends on who is the stronger party in trade. It appears that China is the stronger party.

It is questionable if USA can shift production back to motherland. Are the elites willing to pay USD50,000 annual salary + insurance + benefit for their operators? Adding that up, USA workers is 5x more expensive than China.

US can rejoin TPP and buy products from TPP nations while CN still will die as US want

 

[Yingluck]

US can rejoin TPP and buy products from TPP nations

That will transfer wealth from USA to the poor TPP nations. It dont help USA workers much, but rather the elites.

USA robberism and gangsterism ensure the TPP works for nothing. From time to time, wall st will manufacture currency crisis making sure all profits of poor TPP nations over the years goes to USA elites.

 

[Viva_Viet]

That will transfer wealth from USA to the poor TPP nations. It dont help USA workers much, but rather the elites.

USA robberism and gangsterism ensure the TPP works for nothing. From time to time, wall st will manufacture currency crisis making sure all profits of poor TPP nations over the years goes to USA elites.

If US really want to kill CN, then rejoin TPP is the only choice to win.

Many Americans actually just slaves of the white, so why the white have to help their slaves get rich ??

 

[Yingluck]

If US really want to kill CN, then rejoin TPP is the only choice to win.

Many Americans actually just slaves of the white, so why the white have to help their slaves get rich ??

The essence of China USA trade wars is whether the yellow civilization is better than the white.

Who will be the boss in future?

It seems many Vietnamese just prefer to be coolie of white man. Shame on you.

 

[Viva_Viet]

The essence of China USA trade wars is whether the yellow civilization is better than the white.

Who will be the boss in future?

It seems many Vietnamese just prefer to be coolie of white man. Shame on you.

Oh, then who licked white's azz in 1979 ?? r u insulting CN leader Deng and 1billion CNese in 1979 ??

 

[Yingluck]

Oh, then who licked white's azz in 1979 ?? r u insulting CN leader Deng and 1billion CNese in 1979 ??

The best yellow people get in the current status quo is to become a manager in Intel, Google ...etc.

China is going to change that. Not too far in the future, you will see Chinese boss insulting their managers recruited from all nations. And white man will serve as janitor in China.

 

[Viet]

WASHINGTON (Reuters) - U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday, a senior administration official told Reuters on Saturday.

The tariff level will probably be about 10 percent, the Wall Street Journal reported, quoting people familiar with the matter. This is below the 25 percent the administration said it was considering for this possible round of tariffs.

The White House did not immediately respond to a request for comment.

The upcoming tariffs will be on a list of items that included $200 billion worth of internet technology products and other electronics, printed circuit boards and consumer goods including Chinese seafood, furniture and lighting products, tires, chemicals, plastics, bicycles and car seats for babies. It was unclear if the administration will exempt any of the products that were on the list, which was announced in July.

https://www.reuters.com/article/us-...riffs-as-early-as-monday-source-idUSKCN1LV0OB

The US obviously wants to kill China export industry. assuming Chinese business profit margin is 5pct or less as most of them utilize cheap labor as factor to extract profits. 10pct of $200b would mean $20b. No company would survive.

 

[Yingluck]

The US obviously wants to kill China export industry. assuming Chinese business profit margin is 5pct or less as relying on cheap labor. 10pct of $200b would mean $20b. No company would survive.

Probably this come at a right time. Why would China rely on USA consumer not not her own citizen for growth?

Without such impetus, China will never achieve socialism.

China citizen is not wealthy enough to consume most of their product they made.

USA is helping China. Now what China should do is the distribute the wealth from elites to citizen, and make them consume more.

 

[Viet]

Probably this come at a right now. Why would China rely on USA consumer not not her own citizen for growth?

Without such impetus, China will never achieve socialism.

USA is helping China. Now what China should do is the distribute the wealth from elites to citizen, and make them consume more.

Theory yes, practice no. It’s impossible China can find a country like America that takes $500b in export.the rich generously giving their wealth to the poor would never happen. Least in China. Ok some may donate some Yuan then brag big mouth in public.

 

[Yingluck]

Theory yes, practice no. It’s impossible China can find a country like America that takes $500b in export.the rich generously giving their wealth to the poor would never happen. Least in China. Ok some may donate some Yuan then brag big mouth in public.

That is the reason Uncle Ho and Mao is a great man.

The difference between China and west is the west is controlled by Oligarch while politicians are mainly puppets. The CCP has power to command the capitalist.