«Breaking News» Trump going ahead with plans for new 10 percent China tariffs

President Donald Trump is going ahead with plans to impose new tariffs on about $200 billion of Chinese imports, The Wall Street Journal reported Saturday.

Both sides were preparing to hold new talks on their tariff dispute. Last week Trump told reporters such a move could come 'very soon.'

The Journal cited unnamed people familiar with the matter who said the tariff level will likely be set at about 10 percent, below the 25 percent announced earlier this year.

The tariff level will likely be set at about 10 per cent, below the 25 per cent announced earlier this year Last week Trump told reporters such a move could come 'very soon'

The two governments have already imposed 25 per cent tariffs on $50 billion of each other's goods. Beijing has issued a list of another $60 billion of American products for retaliation if Trump's next tariff hike goes ahead.

White House spokeswoman Lindsay Walters declined comment on the timing of a possible announcement, but said: 'The President has been clear that he and his administration will continue to take action to address China's unfair trade practices. We encourage China to address the long standing concerns raised by the United States.'

The Chinese foreign ministry said Thursday that it was invited to hold new talks. Envoys from the two countries last met Aug. 22 in Washington but reported no progress.

Chinese Vice Premier Liu He (left) is expected to meet with Treasury Secretary Steven Mnuchin (right) in talks on September 27 and 28. Depending on how the talks go, Liu may then speak with Trump 

Chinese Vice Premier Liu He is expected to meet with Treasury Secretary Steven Mnuchin in talks on September 27 and 28. Depending on how the talks go, Liu may then speak with Trump.  

Beijing has rejected pressure from the United States to roll back plans for state-led development of Chinese global champions in robotics, artificial intelligence and other fields.

Washington, Europe and other trading partners say those plans violate China's market-opening commitments. American officials also worry they might erode U.S. industrial leadership.

Forecasters have warned that the worsening conflict between the world's two biggest traders could cut up to 0.5 percentage point off global economic growth through 2020 if all threatened tariff hikes go ahead.

China has tried without success to recruit Germany, France, South Korea and other governments as allies against Washington. Some of them have criticized Trump's tactics but many echo U.S. complaints about Chinese market barriers and industrial strategy.

Link hienalouca.com

https://hienalouca.com/2018/09/16/trump-going-ahead-with-plans-for-new-10-percent-china-tariffs/
Main photo article President Donald Trump is going ahead with plans to impose new tariffs on about $200 billion of Chinese imports, The Wall Street Journal reported Saturday.
Both sides were preparing to hold new talks on their tariff dispute. Last week Trump told reporters such a move could come ‘very...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves US News HienaLouca





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