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Trump Announces $60 Billion Tariff on Chinese High-Tech and Other Goods (techcrunch.com)

Following months of investigations by the U.S. Trade Representative Robert Lighthizer, the Trump administration announced on Thursday at a White House briefing that the administration intends to place about $60 billion of tariffs on Chinese goods, with the bulk of them likely to be focused on the high-tech industry. The White House will announce a final list of goods subject to the tariffs in the next few weeks. From a report: "We've lost over a fairly short period of time, 60,000 factories in our country. Closed, shuttered, gone. Six million jobs at least, gone. And now they are starting to come back," President Trump said during the briefing. "The word that I want to use is reciprocal -- when they charge 25 percent for a car to go in, and we charge 2 percent for their car to come into the United States, that's not good. That's how China rebuilt itself."

6 of 547 comments (clear)

  1. Re:Yeah by Anonymous Coward · · Score: -1, Troll

    Trump will die a traitor in prison either way though.

  2. Re:So this comes with a min wage increase right? by CajunArson · · Score: -1, Troll

    Yeah wait, so according to you globalist one-sided trade deals that benefit China + a small number of wealthy foreign investors are the reason that there's a middle class in the U.S. in the first place.

    So therefore, anything that goes against China + a small number of wealthy foreign investors will destroy the middle class? Given that these deals have been in place for decades and have only gotten worse over time, it's good to know that the middle class was literally in its best condition in recorded history right up until yesterday.

    --
    AntiFA: An abbreviation for Anti First Amendment.
  3. Re:Yeah by Bradac_55 · · Score: 0, Troll

    +1 this, China, Canada and Mexico are prime examples of long term benefit.

  4. Re:Good by sexconker · · Score: -1, Troll

    There's always a need to state the truth. More so when people are ignorant of it.

  5. Re:Good by jcr · · Score: -1, Troll

    You're a moron.

    -jcr

    --
    The only title of honor that a tyrant can grant is "Enemy of the State."
  6. Re:Yeah by BlueStrat · · Score: 0, Troll

    Careful. When Colbert called DJT Putin's cockholster, he had to have Jim Parsons on the next day and it still didn't stop the homophobe accusations.

    I find it extremely telling how valuable the Left actually holds LGBTQetc people when almost every time they start insulting others who have different views, the "faggot" and "cocksucker" and other homophobic hate-speech labels come spewing out of their mouths.

    Some people say the US Left has no standards, but I disagree. They have TWO (at a minimum) of them!

    Strat

    --
    Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.