TV News LIES

Saturday, May 31st

Last update01:23:04 AM GMT

You are here News Economy Trump threatens additional 50 percent tariff on China

Trump threatens additional 50 percent tariff on China

E-mail Print PDF

Xi JinpingPresident Trump on Monday threatened to impose a 50 percent tariff on imports from China, a massive escalation of a potential trade war between the world’s two largest economies.

Trump’s threat is the latest tit for tat between the U.S. and China in the last week. The White House last Wednesday announced it would impose a 34 percent tariff on Chinese imports as part of “reciprocal” tariffs against dozens of countries.

Beijing responded by announcing a 34 percent tariff on American imports, leading to Trump’s warning on Monday.

Trump said in a post on Truth Social that China made the move, “despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set.”

More...


Most Recent Related Stories...


Trump says he is doubling tariffs on imported steel to 50% – as it happened

 Trump raises steel tariffs to 50% Donald Trump made a surprise announcement doubling tariffs on imported steel and aluminum from 25% to...

CFTC leaders exit as Trump pick prepares to take helm

cftcIn a series of departures announced in a matter of weeks, the agency’s entire top rung...

Federal Trade Court Blocks Trump From Imposing Sweeping Tariffs Under Emergency Powers Law

Court of Int'l TradeA federal trade court on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports...

Does Donald Trump Know He Has Lost His Trade War?

loserThe U.S. has already lost Donald Trump’s trade war. It’s now up to the president to...
 
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!