TV News LIES

Friday, Aug 17th

Last update05:20:13 AM GMT

You are here News Economy Trump threatens to hit all $505bn of Chinese imports with tariffs

Trump threatens to hit all $505bn of Chinese imports with tariffs

E-mail Print PDF
Trump threatens to hit all $505b in Chinese tariffs

Donald Trump escalated economic global tensions on Friday, lashing out a range of targets that included the European Union, the Federal Reserve and China, indicating that he is prepared to raise tariffs on Chinese imports from $34bn to cover the entire $505bn of Chinese imports.

“I’m willing to go to 500,” he said during a taped interview with the business channel CNBC, an escalation he was prepared to make because it “was the right thing to do for our country” and because the rise in stocks – the S&P 500 is up 31% since his election – allowed him to pursue a more aggressive trade policy.

Trump also turned to Twitter to predict that US soybean farmers will emerge victorious from the US-China trade dispute.

More...


Most Recent Related Stories...


CBO downgrades economic growth projection for 2018

CBO downgrades projections for 2018The U.S. economy will grow at 3.1 percent in 2018, according to updated projections by the...

Facebook stock drops 19%, loses $120 billion in value after warning that revenue growth will take a hit

Facebook stock plummeets Facebook Inc. is evidently not bulletproof. On Thursday, Facebook FB, -19.04% has lost about $120 billion in...

Apple makes history by becoming first company to reach $1 trillion market value

Apple becomes trillion dollar company Apple, which already held the crown as the most-valuable company on earth, made Wall Street history...

Trade war: Trump again threatens China with $200B in new tariffs

Trump threatens new tariffs on ChinaLast week, the United States formally imposed $34 billion in tariffs on Chinese products and Beijing...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!