Trade War 2019 – That threat was made during talks Friday in Washington, hours after Trump upped the ante by imposing a second round of punitive duties on $200 billion in Chinese goods. China vowed retaliation, but hadn’t announced any details as of Saturday evening in Beijing.
Chinese Goods
Trump says Tariffs on $200 Billion of Chinese Goods will Increase to 25%, Blames Slow Progress in Trade Talks
Gold Silver Reports (GSR) – In addition, Trump threatened to impose 25% tariffs on an additional $325 billion of Chinese goods “shortly.”
US Markets Rally on US-China Trade War Truce; Dollar Down, Yuan Up
The equities rally followed a US-China trade deal at the G20 summit in Argentina calling for a 90-day trade tariff truce. Oil prices jumped nearly 4%.
Trump may impose auto tariffs as early as next week: German magazine
The report recommends 25 percent duty on car imports from all countries except Canada and Mexico. There will be no exceptions for certain car types. …
Trump Looks to Expand Tariffs to All Chinese Goods
Gold Silver Reports (GSR ) – Trump, in an interview with the Wall Street Journal published Monday, said he’s prepared to impose tariffs on a final batch of $267 billion of Chinese shipments if he can’t make a deal with Xi when they meet at the Group of 20 meeting in Argentina, which starts Nov. 30. The rate could be either 10 percent or 25 percent, Trump said.
U.S. to Raise Tariffs on $16 Billion of China Goods on Aug. 23
Gold Silver Reports (GSR) – President Donald Trump has suggested he may tax effectively all imports of Chinese goods, which reached more than $500 billion last year.
Trump Says He’s ‘Ready’ to Put Tariffs on All $505 Billion of Chinese Goods Imported to the US
Gold Silver Reports (GSR) – The reference is to the dollar amount of Chinese imports the U.S. accepted in 2017 — $505.5 billion to be exact, compared to the $129.9 billion the U.S. exported to China, according to Census Bureau data.