CNBCのインスタグラム(cnbc) - 8月2日 03時55分
President Donald Trump just sparked another fire in the U.S.-China trade war.
Despite a truce between the two countries at this year’s G-20 summit, the president said Thursday the U.S. would weigh a 10% tariff on an additional $300 billion worth of imported Chinese products. The taxes will go in effect Sept. 1.
It’s unclear what caused Trump to end the trade war ceasefire with these new tariffs.
The surprise announcement came after the two countries restarted trade talks this week, the first in-person trade discussions since the G-20 truce.
To see how the markets are responding to the latest tariffs, visit the link in bio.
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umanhotel
...so stubborn...it is paid by Americans, how many times will u learn the same lesson. Trump is a millionaire, he doesn't care about a few thousand tarrifs, but normal Americans care, 10% tariff means you pay $500 more if your family buy groceries $5000/m. U can move factories out, if Americans could afford a tripple price for everything, u would have done it already.
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investing_tipsadvice
Trump playing his games to pull the deal to his side again. But on the bright side the tariffs will be put in place only on Sep 1, allowing for a one month window for a chance to drop the tariffs. So there’s no need for much panic, but investors should remain a cautious stance for their portfolio
itrekker
If you think Mexico is going to pay for a WALL you will believe anything ! If you think that China will pay for this new tariff then you are really gullible. In both instances it will be YOU who pays for these insanities. It will be your $$$ that pays for these taxes !
vipscateringindia
This perfect decision, India should also do the same, but our business man feel proud to buy Chinese items, how can we buy stuff from our biggest enemy, and chine is using every single penny against India what we are paying, but we are seeing our profit margins
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