China Sets Tariffs On $60 Billion In U.S. Goods, Retaliating Against U.S. Duties

[steve from amherst]

Hours after President Trump announced tariffs on $200 billion in Chinese goods, China responded with its own levies on $60 billion worth of U.S. products.

Chinese state television on Tuesday reported that the government has decided to impose tariffs of 5 percent to 10 percent on $60 billion worth of U.S. products, starting on Monday. The tariffs will apply to 5,207 items.

If the U.S. continues to raise its tariffs, China will respond in kind, the report said. That sets the stage for yet another set of tariffs. Trump on Monday also threatened to add levies on about $267 billion of additional imports if China retaliated.

"The Chinese side reiterates that the aim of imposing these tariffs is to prevent trade frictions from escalating and it is a measure of last resort against American unilateralism and trade protectionism," the Chinese state television report said.

In a post on its website, China's Commerce Ministry accused the U.S. of causing an "economic emergIn announcing the U.S. tariffs against China on Monday, Trump said China's trade practices, such as forcing U.S. companies to transfer technology to Chinese firms, "plainly constitute a grave threat to the long-term health and prosperity of the United States economy." Those tariffs, targeting $200 billion in Chinese goods, will start at 10 percent and rise to 25 percent in 2019 if China does not make concessions.

 

A senior Trump administration official said Monday that, while it seeks changes in China's trade policies, the U.S. is "not trying to constrain China's growth. ... We remain open to negotiations. We hope that China will come to the table and address the concerns we have raised."

U.S. business officials are continuing to express concerns about the escalating trade war.

 

[Ez ryder]

not sure why we dont just tariff every pile of shit out of that country non of it is worth owning any way .when was the last time any one has said oh good this one was made in china .

they cant even make a fucking paint can opener that works true story 

[Momorider]

They have another $200 Billion lined up wonder if China can come up with another $60 Billion  doubt it 

[BOHICA]

China’s fucked...  they will come crawling wanting equal trade.

[Mainecat]

Thanks Trump you fuckin dumb ass.

[frenchy]

14 minutes ago, Mainecat said:

Thanks Trump you fuckin dumb ass.

 

[Ez ryder]

14 minutes ago, Mainecat said:

Thanks Trump you fuckin dumb ass.

oh yes you stupid fuck . what will we do if the total junk china has been flooding our country with for 20 yrs becomes to costly to bother buying and manufactures in this country start up the presses ? oh the horror of it all .

FUCK OFF  

Edited September 19, 2018 by Ez ryder

[ActionfigureJoe]

The trade deficit with China has increased since the tariffs. It’ll continue to increase until the US economy moves into recession. If people have money they’re going to buy. It’s the American way. 

[Snoslinger]

Tricycle rider thinks all this will do is drive up the cost of his walmart purchased jeans by a nickel

[Momorider]

3 minutes ago, ActionfigureJoe said:

The trade deficit with China has increased since the tariffs. It’ll continue to increase until the US economy moves into recession. If people have money they’re going to buy. It’s the American way. 

Such a clueless moron 

[ActionfigureJoe]

Just now, Momorider said:

Such a clueless moron 

As the Chinese economy slows, China will source less US goods. Meanwhile, as the US economy grows, the US will buy more Chinese goods. Common sense says this is what’s going on. Trumpnomics 101 

[Momorider]

1 minute ago, ActionfigureJoe said:

As the Chinese economy slows, China will source less US goods. Meanwhile, as the US economy grows, the US will buy more Chinese goods. Common sense says this is what’s going on. Trumpnomics 101 

 

[BOHICA]

Lots of seafood, pork, CO2, animal hides, oxygen and etc etc that is tariffed coming in from China.  BFD

https://ustr.gov/sites/default/files/enforcement/301Investigations/Tariff List_09.17.18.pdf

Edited September 19, 2018 by BOHICA

[JEFF]

Remember when Mainecat used to tout buy American? Lol. My how we change our tune...

[Ez ryder]

27 minutes ago, BOHICA said:

Lots of seafood, pork, CO2, animal hides, oxygen and etc etc that we are tariff coming in from China.

https://ustr.gov/sites/default/files/enforcement/301Investigations/Tariff List_09.17.18.pdf

so do you want china sea food or even pork how about a oxygen tank from China to keep your mom alive ? fuck no they put poison in dog food get busted keep doing it  what do you think they are feeding that pig ? or feeding the fish in the farms what do you think the H20 in the fish farms in china is like . I cant imagine.

all crap keep it all  

[Ez ryder]

Just now, JEFF said:

Remember when Mainecat used to tout buy American? Lol. My how we change our tune...

oh I do but that was pre trump derangement syndrome 

[Mainecat]

You dumb asses have no fuckin clue.

[frenchy]

2 hours ago, ActionfigureJoe said:

As the Chinese economy slows, China will source less US goods. Meanwhile, as the US economy grows, the US will buy more Chinese goods. Common sense says this is what’s going on. Trumpnomics 101 

He’s too  fucking stupid to engage. All anyone needs to do is look at a historical bar graph to figure out that’s a fact. 

Unless you breath through your mouth and lick envelopes for a living. 

[Ez ryder]

1 hour ago, Mainecat said:

You dumb asses have no fuckin clue.

so you loved China during the oboma admin ? you went to the store and looked for the made in China logo so you knew you were getting a quality product ? lmfao you fucking deranged hack 

[Mainecat]

I support tarrifs on certain finished items not every fuckin thing coming from overseas. When you choose steel and aluminum to tarrif that justs about everything we consume 

[Anler]

Why wouldnt China just negotiate an equitable trade agreement? 

[Zambroski]

11 hours ago, Mainecat said:

You dumb asses have no fuckin clue.

 Epic.

4 minutes ago, Nazipigdog said:

Why wouldnt China just negotiate an equitable trade agreement? 

Why would they unless forced.  They wouldn't...and aren't until it really starts to hurt them.  My guess is, even now with their market indicators showing some real signs of weakness over this, they still think we are blufffing and will pull back.  If we do, same old, same old.  

[Ez ryder]

13 hours ago, Snoslinger said:

Tricycle rider thinks all this will do is drive up the cost of his walmart purchased jeans by a nickel

I don't shop at Wal-Mart.  and try not to by China shit when I have the option .

[Ez ryder]

13 hours ago, Snoslinger said:

Tricycle rider thinks all this will do is drive up the cost of his walmart purchased jeans by a nickel

I don't shop at Wal-Mart.  and try not to by China shit when I have the option .

[Ez ryder]

2 hours ago, Mainecat said:

I support tarrifs on certain finished items not every fuckin thing coming from overseas. When you choose steel and aluminum to tarrif that justs about everything we consume 

and why would you want cheep shit China steel ? why would you rather not have the US mills and mines running  and pay a few more bucks for a quality product and more jobs at home?