China Condemns Increase in US Tariffs and Announces Countermeasures
 |
| Trump |
"We have lost 500 Billion Dollars a year, for many years, on Crazy Trade with China. NO MORE!
Donald Trump oh his verified Twitter handle ( @realDonaldTrump ) said: "Your all time favorite President got tired of waiting for China to help out and start buying from our FARMERS, the greatest anywhere in the World!"
He charged the House Republicans not vote for the bad democrat disaster supplemental bill which hurts our States, Farmers and Border Security.
"House Republicans should not vote for the BAD DEMOCRAT Disaster Supplemental Bill which hurts our States, Farmers & Border Security. Up for vote tomorrow. We want to do much better than this. All sides keep working and send a good BILL for immediate signing!"
"Talks with China continue in a very congenial manner - there is absolutely no need to rush - as Tariffs are NOW being paid to the United States by China of 25% on 250 Billion Dollars worth of goods & products."
"These massive payments go directly to the Treasury of the U.S. The process has begun to place additional Tariffs at 25% on the remaining 325 Billion Dollars. The U.S. only sells China approximately 100 Billion Dollars of goods & products, a very big imbalance.
"These massive payments go directly to the Treasury of the U.S. The process has begun to place additional Tariffs at 25% on the remaining 325 Billion Dollars. The U.S. only sells China approximately 100 Billion Dollars of goods & products, a very big imbalance.
"With the over 100 Billion Dollars in Tariffs that we take in, we will buy agricultural products from our Great Farmers, in larger amounts than China ever did, and ship it to poor & starving countries in the form of humanitarian assistance.
The average 401(k) balance has SOARED since the bottom of the market - 466%. Wow!
In the meantime we will continue to negotiate with China in the hopes that they do not again try to redo deal!
Trump tweeted: “We have been engaged in an unfair relationship with China for a long time. They have reneged on the commitments they made to the WTO, particularly around intellectual property.” Carly Fiorina @MariaBartiromo
According to the President: "Tariffs will bring in FAR MORE wealth to our Country than even a phenomenal deal of the traditional kind. Also, much easier & quicker to do. Our Farmers will do better, faster, and starving nations can now be helped. Waivers on some products will be granted, or go to new source!"
"Tariffs will make our Country MUCH STRONGER, not weaker. Just sit back and watch! In the meantime, China should not renegotiate deals with the U.S. at the last minute.
Trump tweeted: “We have been engaged in an unfair relationship with China for a long time. They have reneged on the commitments they made to the WTO, particularly around intellectual property.” Carly Fiorina @MariaBartiromo
According to the President: "Tariffs will bring in FAR MORE wealth to our Country than even a phenomenal deal of the traditional kind. Also, much easier & quicker to do. Our Farmers will do better, faster, and starving nations can now be helped. Waivers on some products will be granted, or go to new source!"
"Tariffs will make our Country MUCH STRONGER, not weaker. Just sit back and watch! In the meantime, China should not renegotiate deals with the U.S. at the last minute.
This is not the Obama Administration, or the Administration of Sleepy Joe, who let China get away with “murder!”
If we bought 15 Billion Dollars of Agriculture from our Farmers, far more than China buys now, we would have more than 85 Billion Dollars left over for new Infrastructure, Healthcare, or anything else. China would greatly slow down, and we would automatically speed up!
Build your products in the United States and there are NO TARIFFS!
If we bought 15 Billion Dollars of Agriculture from our Farmers, far more than China buys now, we would have more than 85 Billion Dollars left over for new Infrastructure, Healthcare, or anything else. China would greatly slow down, and we would automatically speed up!
Build your products in the United States and there are NO TARIFFS!
Great Consumer Price Index just out. Really good, very low inflation! We have a great chance to “really rock!” Good numbers all around.
China on Friday (Today) condemned that the United States proceeded with the increase in tariffs from 10 to 25 percent on its products, and said that it will respond with the necessary countermeasures, without renouncing a negotiated settlement.
In a brief communiqué, the Trade Ministry did not elaborate on the actions to be taken by Beijing, but it did express hope that the ongoing consultations between the two powers will allow them to continue to work together to iron out the differences through cooperation and dialogue.
Trump administration increased tariffs, worth 200 billion dollars in Chinese goods such as cell phones, computers, clothing and toys, came into force on Friday.
In addition, there is a threat of another 25 percent, totalling 325 billion dollars, on tariff-free products.
Early this week, China reacted with moderation and even sent its team to Washington to resume the consultations, despite the turbulence raised by President Donald Trump's decision, which ended the six-month truce in the trade war.
On Wednesday, Beijing took a defensive stance, raised the tone of its response and expressed its determination to protect its interests to the last consequences and even to pay any price if the White House persists in the escalation of pressures against China.
On Friday, teams from the two countries will conclude a round of negotiations with little expectations about reaching consensus to reverse a bilateral battle that might drag the entire world economy into an abyss.
China on Friday (Today) condemned that the United States proceeded with the increase in tariffs from 10 to 25 percent on its products, and said that it will respond with the necessary countermeasures, without renouncing a negotiated settlement.
In a brief communiqué, the Trade Ministry did not elaborate on the actions to be taken by Beijing, but it did express hope that the ongoing consultations between the two powers will allow them to continue to work together to iron out the differences through cooperation and dialogue.
Trump administration increased tariffs, worth 200 billion dollars in Chinese goods such as cell phones, computers, clothing and toys, came into force on Friday.
In addition, there is a threat of another 25 percent, totalling 325 billion dollars, on tariff-free products.
Early this week, China reacted with moderation and even sent its team to Washington to resume the consultations, despite the turbulence raised by President Donald Trump's decision, which ended the six-month truce in the trade war.
On Wednesday, Beijing took a defensive stance, raised the tone of its response and expressed its determination to protect its interests to the last consequences and even to pay any price if the White House persists in the escalation of pressures against China.
On Friday, teams from the two countries will conclude a round of negotiations with little expectations about reaching consensus to reverse a bilateral battle that might drag the entire world economy into an abyss.
US President said there is no need to rush as far as the tariff are been paid into the US treasury.
No comments