Trump's new China tariff threats raise stakes for U.S. consumers
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Trump's new China tariff threats raise stakes for U.S. consumers
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CBS News
33K views · 203 reactions | President Trump’s campaign to increase tariff rates on imports targets China in particular. In response, China’s leaders have levied higher duties on imports of U.S.-sourced products. China also identified U.S. companies to blacklist and limited access to rare earth elements, which enable many modern technologies. Find the full report: cnb.cx/4d07jle | CNBC | Facebook
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Trump Increases China Tariffs as Trade Deal Hangs in the Balance
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Trump’s Trade War With China Is Officially Underway
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17K views · 137 reactions | "Yes we should be tough on China and intellectual property, but the idea of tariffs solving the problem just isn’t going to get us there." The dean of Columbia Business School said President Donald J. Trump's trade tariffs will not solve the effects of technological change and globalization on the heartland of America. https://fxn.ws/2swyNt6 | Fox Business | Facebook
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FacebookFox Business
President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social. The post immediately followed one in which Trump said his first of "many" executive orders on Jan. 20 would impose tariffs of 25% on all products from Mexico and Canada. Such a move would end a regional free trade agreement. Read more: cnb.cx/4eTRzjc | CNBC
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