Trump Suggests US Could Slap 10 Percent Tax On iPhones, Laptops From China (cnbc.com)

Posted by BeauHD on Monday November 26, 2018 @03:30PM from the fresh-threats dept.

An anonymous reader quotes a report from CNBC: President Donald Trump suggested he could place a 10 percent tariff on iPhones and laptops imported from China, in an interview with the Wall Street Journal published Monday. He also said it's "highly unlikely" that he would delay an increase in tariffs from 10 percent to 25 percent on Jan. 1, just four days before a summit with Chinese President Xi Jinping. "Maybe. Maybe. Depends on what the rate is," the president said to The Wall Street Journal about the possible iPhone and laptop tariffs. "I mean, I can make it 10 percent, and people could stand that very easily."

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Re: How much this time, Donny? by astrofurter · 2018-11-26 18:23 · Score: 0, Flamebait

"How much will China have to funnel"
That's why the Chinese are so upset with President Trump. It turns out, you can't really bribe a billionaire real estate mogul TV star President who's married to a supermodel - what exactly are they going to offer him that he doesn't already have?
It was so much easier for the Chinese back in the day. With Clinton and Bush all it took was a couple of discretely delivered suitcases full of cash. Obama demanded his suitcase full of cash, plus a few little boys - but give him that and he'd dance to whatever tune they named.