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Monday, September 17, 2018

The revised $200b tariffs against China.

https://sg.finance.yahoo.com/news/report-trump-going-ahead-plans-210131994.html

Trump is proceeding with the tariffs against $200b China goods but will lower the tariffs to 10% instead of the original 25%.

Although the tariff percentage is lowered to 10%, it is still an unfriendly gesture prior to the trade talk.  China will retaliate with its own tariffs and nothing will come out good from the trade talk.

1 comment:

Eric Ho said...

https://sg.finance.yahoo.com/news/china-may-reject-trade-talks-more-tariffs-imposed-184448909--business.html

China will reject the trade talk if Trump proceeds with the $200b tariffs.