Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Ohiogal

(32,002 posts)
Fri Jun 15, 2018, 08:38 AM Jun 2018

U.S. to Put Tariffs on $50 Billion In Chinese Goods as Trade Fight Widens

WASHINGTON — The Trump administration said on Friday that it would move ahead with imposing a 25 percent tariff on $50 billion of Chinese products that are imported into the United States, threatening to escalate what had primarily been a war of words between the world’s two largest economies into a full-blown trade war.

In a statement Friday morning, President Trump said the United States would levy the tariffs on goods that contain “industrially significant technologies,” including those that relate to the country’s Made in China 2025 plan for dominating high-tech industries, and that the United States would pursue additional tariffs if China retaliates.

https://www.nytimes.com/2018/06/15/us/politics/us-china-tariffs-trade.html?emc=edit_na_20180615&nl=breaking-news&nlid=74838209ing-news&ref=cta

***** Gee, where are we going to buy an American-made flat screen TV???

Latest Discussions»General Discussion»U.S. to Put Tariffs on $5...