05.10.2019 0

Nobody should be surprised Trump followed through on 25% tariffs on $250 billion of Chinese goods

Why China left Trump with little choice but to slap on the 25 percent tariffs on $200 billion of goods: http://dailytorch.com/2019/05/why-china-left-trump-with-little-choice-but-to-slap-on-the-25-percent-tariffs-on-200-billion-of-goods/

President Donald Trump said he would do it. After China blew up months’ worth of negotiations on currency, intellectual property and forced technology transfer, reneging on the deal, and the negotiations were the only thing heading off Trump’s promised tariff, Trump has followed through and increased tariffs from 10 percent to 25 percent on $200 billion of Chinese goods. Trump had offered another week after a 5-month delay, but that was it, no deal could be reached, and so Trump hit them with the tariff. Do you think the tariff is large enough?

Copyright © 2008-2023 Americans for Limited Government