It’s first move in trying to get a ‘better deal’ from the Chinese on American imports….
The stock market has dropped 200 points on the news….
American consumers could see a rise in many imports from that country.
Many of his Republican lawmakers friends are gonna get an earful back home….
Any increase in consumer prices will also prove troublesome for his fellow Republicans in the 2018 midterms…
President Trump on Thursday plans to announce at least $50 billion worth of annual tariffs and other penalties on China for its theft of technology and trade secrets, which administration officials say has robbed American companies of billions of dollars in revenue and killed thousands of jobs.
The measures would mark Mr. Trump’s most aggressive move yet against a fast-rising economic rival that he has accused of preying on the United States.
The measures will be targeted at imported Chinese goods in as many as 100 categories — hitting everything from shoes and clothing to consumer electronics — and will impose restrictions on Chinese investments in the United States, people briefed on the measures said.
Mr. Trump will instruct the Treasury Department to pursue restrictions on certain types of Chinese investments to counter China’s ambitious industrial policy, which aims to dominate cutting-edge sectors like artificial intelligence and mobile technology, officials said.
For Mr. Trump, the steps fulfill a frequent campaign pledge to crack down on China, which he has characterized as an “economic enemy” that has “taken advantage of us like nobody in history…..
jamesb says
Stock Market drops 500 pats on worries about Trump’s trade war threat with China
My Name Is Jack says
Hey no one cares about that!
Haven’t you heard?
CG is “concerned” that Biden is a physical threat to Donald Trump.
CG says
It’s all a joke to you. We get it. You equate it with the Texan threatening to get the Mexican mafia to take you out.
There’s a difference though between what prominent people say and what nutjobs say on the internet (which often is unacceptable enough.)
My Name Is Jack says
It sure is…
And frankly,I think everybody here knows that your so called “concern” here was nothing more than chance to bash Joe Biden.
You are as transparent as clear glass.
The real joke is that you think that we think otherwise,
CG says
It’s just amazing that anyone would defend either Biden or Trump on this “brouhaha” but that is what tribalists are going to do.
What’s next? Can a Democrat politician make a joke about sexually assaulting Betsy DeVos as long as they don’t really mean it?
I think we need more decency in general, regardless of party labels, but Democrat activists like jack are intent to counter Trump’s lowness by going even lower. It will be a race to the bottom and all the more reason why somebody from outside the two parties will deserve to win in 2020 if nothing changes.
My Name Is Jack says
I didn’t defend anyone so quit your lying.
Indeed ,in response to your comment that they both should shut up,I said that they should.
As for your new found favorite word, you are the biggest tribalist here.
You are just pissed that I challenge your well know attempt at making false equivalencies and pretending to be some kind of “nonpartisan.”Do you really think anybody buys that line?
Further, you couldn’t care less about “decency” in Politics.You have supported and continue to some of the worst Right Wing extremists in the country.
Keith says
I would like to associate myself with Jack’s comments and buy him a beer. Truer words were never spoken.
My Name Is Jack says
Thanks.
I have lately been imbibing Coors Light.
Note that Joseph Coors was a well known Republican Conservative.
Seems like I’m the “real”nonpartisan here!
Haha!
CG says
“extremists” to you perhaps, because that is what you have been programmed to say for 50 years, as you look the other way at the people on your side, from Ernest Hollings on down.
Keith says
The Coors Company has made amends Jack. I can pop for that anytime.
I see we’re back to Fritz Hollings. LOL.