MAGA!!!!! U.S. raises tariffs on Chinese imports from 10 percent to 25 percent!!!!!!

[TerrexLee]

The U.S. Trade Representative’s office announced that tariffs on $200 billion worth of Chinese goods would increase to 25 percent from 10 percent at 12:01 a.m. (0401) GMT on Friday, right in the middle of two days of meetings between Chinese Vice Premier Liu He and Trump’s top trade officials in Washington.

Speaking to supporters at a rally in Florida on Wednesday, Trump accused China of breaking the deal and that Beijing would pay if no agreement is reached.

“I just announced that we’ll increase tariffs on China and we won’t back down until China stops cheating our workers and stealing our jobs, and that’s what’s going to happen, otherwise we don’t have to do business with them,” Trump told a cheering crowd.

“They broke the deal,” he added. “They can’t do that. So they’ll be paying. If we don’t make the deal, nothing wrong with taking in more than $100 billion a year.”

Trump’s comments fueled a round of selling in Asian markets.

More at https://tinyurI.com/y4oexb8k

 

[Leongsam]

China is now well and truly fucked. Xi will have a lot of white ass in order get back into the good books of the almighty USA.

If the US does not relent China will soon be back in the dark ages.

 

[syed putra]

Great! There goes my job

 

[wontonmee]

If the US does not relent China will soon be back in the dark ages.

You must be smoking too much weed to view this trade saga with such simplistic innocence and ignorance. Haha.

 

[Leongsam]

You must be smoking too much weed to view this trade saga with such simplistic innocence and ignorance. Haha.

Don't let the fake news media fool you. China needs external trade and the USA is its largest market. It cannot afford to mess up its relationship with its largest customer.

 

[TerrexLee]

In here Trump is the closest thing to a god.....he is worshipped and cock sucked by ah sam

 

[wontonmee]

In here Trump is the closest thing to a god.....he is worshipped and cock sucked by ah sam

Haha. USA merely accounts for 19.2% of all China's exports. China biggest exports are to Asia. It may create a few bigger than normal dents in China's economy but it's unlikely to screw China that badly as all these AMDK worshippers might have wished. Haha.

 

[TerrexLee]

how dare you say that.......get ready to be banned by Ah sam for being disrespectful to the great DOTARD

 

[laksaboy]

Disappointing. Should have been 45% at least. Winnie the Pooh will be very desperate.

 

[laksaboy]

Haha. USA merely accounts for 19.2% of all China's exports. China biggest exports are to Asia. It may create a few bigger than normal dents in China's economy but it's unlikely to screw China that badly as all these AMDK worshippers might have wished. Haha.

Not if Uncle Sam pressures the various Asian countries to cut back on Chinese imports... or else.

Some of the major Asian countries will obey. And that is quite enough.

 

[wontonmee]

Not if Uncle Sam pressures the various Asian countries to cut back on Chinese imports... or else.

Some of the major Asian countries will obey. And that is quite enough.

You are mixing the Huawei techno saga in this trade saga. Haha.

 

[Leongsam]

Haha. USA merely accounts for 19.2% of all China's exports. China biggest exports are to Asia. It may create a few bigger than normal dents in China's economy but it's unlikely to screw China that badly as all these AMDK worshippers might have wished. Haha.

China is already dying. With the USA squeezing Xi's balls harder and harder he is soon going to start screaming like a pig.

Chinese Exports Decline 21 Percent in February

Experts attribute the dramatic drop partly to the tariffs the U.S. imposed on Chinese goods.

By Alexa Lardieri, Staff Writer March 8, 2019, at 8:58 a.m.
More

Chinese Exports Decline 21 Percent in February
More

Last month was China's weakest performance for exports since February 2016.(DALE DE LA REY/AFP/GETTY IMAGES)
CHINESE EXPORTS DROPPED 21 percent in February, marking the country's worst month in three years.
The dramatic decrease was the weakest performance since February 2016, according to data released by the Chinese government. Sparked in part by China's trade war with the U.S. and a slowing global economy, February's exports were worse than expected.
[
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The $250 billion tariffs imposed by the U.S. on Chinese products caused the value of goods shipped to America to fall sharply, CNN reported. However, the plunge can also be attributed to declining global demands of some goods.

Julian Evans-Pritchard, a China economist at Capital Economics, said that if the U.S. and China "finalize a trade deal soon, the outlook for exports remains gloomy," CNN reported.
Chinese export troubles aren't expected to improve, as major companies are looking to move their supply chains out of China in an effort to avoid the American tariffs.
February's slump follows January's unexpected rebound. Experts attribute the bounce back to companies rushing orders before the Lunar New Year holiday in China. However, according to CNN, accounting for that spike, performance during both months was still weak, and the struggle is likely to continue as demand wanes in major markets.

 

[laksaboy]

You are mixing the Huawei techno saga in this trade saga. Haha.

It's more than just Huawei. Huawei is just the tip of the iceberg.

And it's far greater than AMDK vs yellow skin people. It's about taking down the People's Republic of China - a political entity not unlike the Soviet Union.

 

[Leongsam]

 

[Leongsam]

China : fucked up country full of fucked up people doing fucked up jobs.

Burma is far better.

 

[wontonmee]

China is already dying. With the USA squeezing Xi's balls harder and harder he is soon going to start screaming like a pig.

It's about taking down the People's Republic of China - a political entity not unlike the Soviet Union.

Haha. Ok. Just love your optimism.

 

[tanwahtiu]

Good news... Singapore can be smuggling hub of Chinese goods to US....

Plenty of smuggling goods money to make, more profitable...

 

[tanwahtiu]

Angry Burmhist happy US is doomed under Trump...

China : fucked up country full of fucked up people doing fucked up jobs.

Burma is far better.

 

[laksaboy]

Angry Burmhist happy US is doomed under Trump...

USA is booming under Trump, even the Dems who hate him had grudgingly acknowledged his accomplishments for the economy.

The 2020 US election will be a total Dem shitshow, and Trump will win re-election again.

 

[tanwahtiu]

All goods up by 25% sellers boom... China pays 25% in RMB and US buyers foot 25% in US dollars.... make sense...

USA is booming under Trump, even the Dems who hate him had grudgingly acknowledged his accomplishments for the economy.

The 2020 US election will be a total Dem shitshow, and Trump will win re-election again.