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Trump escalates China trade war with new 10% tariff



The tariffs mean U.S. shoppers could see prices go up on everything from clothing to smartphones to TVs and toys.

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45 comments

  1. China is getting hit on all sides. Make no mistake, if Trump chooses to flex the full economic and technological power of the USA, China is done. The U.S, even in a minor decline is still incredibly powerful. All of the projections of Chinese growth are contingent on a USA that allows it. Wumao is getting hammered from all sides, trade war, HK and Taiwan, food inflation, yuan deflation which means imports get more expensive couple with a historic low in manufacturing..

  2. Then he crashed the economy a week later after people warned it was the wrong move <eye roll>

  3. Congratulations to you
    Mr. Donald Trump for taking right steps against China .
    Please go ahead .

  4. I think we can survive without China. They died but the manufacturing plants will be moved outside China and made them more unemployment, disrupted Chinese economy. I heard the news to ban Huawei, Oppo, ZTE, and other tech in China again.

  5. Let's give it a name THE Trump TAX he won't like it, but it's the truth

  6. Donald trump is the most selfish businessmen in the world

  7. These politicians are doing tons of damage. We the people suffer.

  8. Why is it called War… how about dispute or misunderstanding or negotiation…But War!!!!

  9. America got sick and ask China to take medicine. And american consumers pay for medicineAnything more Ridiculous than that?

  10. Do not buy Chinese products: low quality, too cheap because labour cheap, makes China dirty because no pollution control.

  11. Standard Republican moves. Grab the money while pointing at somebody else. Once it was the "takers". Before that the "well fair moms". Before that somebody else and on and on. Today it's the Chinese.
    In this case it goes…step one get a trillion dollar tax break from Republican controlled government…step two start a trade war so the idiots that voted for Republican government pay for the tax break.
    Well played!

  12. Trump keep up the good work!

  13. Finally reality checks in,this is the start of the finish on this guy because he doesn't know how to stop,please keep reading my remarks :
    Donald J. Drumpf, is the greatest charlatan the world has ever known, and continues to demonstrate that he is a naive, ignorant, delirious sociopath, devoid of principles, deceitful, divisive, inarticulate, incompetent, hypocritical, thin-skinned and grossly narcissistic; a dishonest, arrogant, autocratic, loser, bullying, misogynist, zionist, serial exaggerator and fabricator,pathological blacksmith and congenital liar and least of all a b.s. Artist and a political neophyte, with a feverish brain that continues "status twitterus" (a dangerous mental condition in which the twitter fits the one the other without recovery of consciousness between them) – in sum, a classic, "Dunning-Kruger" / "Peter's principle" affectionate – absolutely unsuitable for being POTUS.
    Drumpf's only reason for being is to nurture his insatiable narcissism and sustain his wealth, which he always exaggerates. Anyone who thinks they have ever had a sense of service other than self-service, or a man who spent his entire adult life promoting his vulgar "brand" and the many scams he gave his name to – at the cost of ,usually , the "poorly educated" – now they worry about a comma about someone else, or that he or his family / relatives parasites will pass every opportunity to monetize his presidency, is naive – to the extreme.
    Pathologically, Drumpf is an idiot; if he had not been born in great wealth, he would probably now live under an overpass somewhere. Yet the "poorly educated" elected this "snorted buffoon" to be POTUS, making the United States the laughingstock of the world.
    Drumpf has no principles; it only offers "snake-oil" tactics and illusory or naively simple answers to complex problems – we will be lucky if this cretin does not cause a real tragedy in the country.
    "Trump is a man of flexible principles, the first of which is to show inconsistent inconsistency at all times." –
    Now after 3 years of this so-called Trump show it's still bewildering to me that polls
    Still show that his base is still loyal to this cretinous individual!
    I guess history is going to repeat itself but this time in America! Imagine an aryan America!
    The Trump empire is being born thanks to all of you poor IDIOTS !
    I guess history is going to repeat itself but this time in America! Imagine an aryan America!
    The Trump empire is being born thanks to these so-called no-clues Idiots !

  14. USA 's trade deficit will go down quickly, which is a good news for Americans.
    And for that long term plan, that needs a temporary bleeding for American economy.

  15. trump is walking legend , he does not care what he says , he just talks what ever he wants

  16. the antics this channel boasts is full of themselves. If America wouldn't do it. Definable others will do more damage on the scale of work depleted. I wonder when Anchors in news desks will loose their jobs to robots… oh wait…

  17. So stupid can’t even try to work things out but mess both countries up and now we suffer for this poor farmers and workers just sad

  18. Don't worry , American is filthy RICH 🙂

  19. Chambers of Commerce know nothing about Finance

  20. Looks like an act of Desperation from Trump and his failed tariff wars. China will not accept another Plaza Accord to destroy their economy

  21. i would think if we stopped importing some stuff and let americans manufacture it, our econemy would be much better and increase income tax flow by generating employment

  22. China was behaving badly. US just put a 10% penalty on China’s social credit. They like that over there in China.

  23. Screw China. Everything they sell is junk. Imitation auto parts that look just like the original part. But, their parts use lousy tolerances in bearings, cheap steel. Just refuse to purchase anything made in China, problem solved!

  24. Very soon Trump is going to file for Bankruptcy for the Fifth time… Good day everyone.

  25. Get ready for a 4 years ride people's i don't think either side gonna give in.

  26. We are the most powerful! No! We are the most powerful!
    This is management? No, this is childish.

  27. sent them back and leave them there. Pelosi can keep omar companions they are great together.

  28. The American dream is made in China!

  29. trump are awesome thanks for this guys this president of american free promotion huawei 5G product line introduce worldwide and P30 pro is world most advance photo zoom lens with leica technologies we love germany 🙂

  30. Who cares as long he is making China great again and makes farmers suffer

  31. Trump escalating trade wars with china by hurting us farmers…because he's a fucking idiot..along with his supporters

  32. This Trump is getting crazy , and look like he has some kind of mental and logical thinking problem and I just wonder if he is capable to perform as a president without damaging the country seriously, congress needs to investigate

  33. 川普先生正在閉關鎖國

  34. The Sino-US trade war is global, and no country can stand alone.

  35. God forbid we should pay more for slave labor

  36. Keep up the good work. Our leaders have allowed our great country to be ripped off for far too long. Thank you, President Trump, for standing firm with red China. What would happen to our economy if we stopped doing business with red China altogether? Probably not much. After a short period of readjustment, American companies would soon pick up the slack, to the benefit of all Americans.

  37. Who Want to Break Up From US and Join the Canadian

  38. Took Chinese business for American job owner D day ….gain American ground market and labor authorities
    Prepared for another soy Bean export to import grape wine

  39. Gordon Chang: China’s Communist Regime ‘Happy to Kill Tens of Thousands of Americans’ via Fentanyl
    https://www.breitbart.com/politics/2019/08/02/gordon-chang-china-communist-regime-happy-to-kill-tens-of-thousands-of-americans-via-fentanyl/
    Robert Kraychik 2 Aug 2019
    China’s Communist Party is “very happy to kill tens of thousands of Americans each year” with its fentanyl exports, knowing of overdoses related to the opiate’s abuse, said Gordon Chang, Daily Beast columnist and expert on China, in a Thursday 1 August 2019 interview on SiriusXM’s Breitbart News Tonight with hosts Rebecca Mansour and Joel Pollak.

    Pollak asked Chang about China’s stated commitment to restrict manufacturing and exporting of fentanyl to the U.S., following President Donald Trump’s request for cooperation from Chinese President Xi Jinping on the matter.

    Chang replied, “The fentanyl comes from Chinese sources, and these are well-organized gangs. In the semi-totalitarian state that Beijing runs, the Communist Party knows what’s going on. Trump was right to call the Chinese out on this, and the fact that Beijing didn’t do anything about it is a real indication that they were very happy to kill tens of thousands of Americans each year, which means that we should be very happy not to do business with China and close our markets to China, and disengage our economy from them, and give them as rough a time as they’ve been giving us.”

    Chang continued, “What is it going to take to get them to stop fentanyl? I actually don’t know if there is anything. There’s going to be a point where we’re going to have to push the Chinese [Communist Party] to the edge of extinction, and then maybe they will come around, but maybe not.”

    On Thursday, Trump announced that his administration would impose a ten percent tariff on the $300 billion of imports from China that have not yet been subject to new import duties, beginning in September 2019.

    “This is a great day for the United States of America,” said Chang of Trump’s promise to levy additional tariffs on Chinese imports. “First of all, Chinese leaders are used to deference from their American counterparts, and Trump absolutely showed Xi Jinping that the United States is just not going to bow down to Beijing. A lot of people said Trump is not going to do this, to oppose the additional tariffs on the remaining $300 billion of goods. They were saying consumers would complain, that Trump is too worried about the stock market, that Trump needs a trade deal for the November 2020 elections. Well, the President of the United States showed that everybody was wrong. He certainly surprised me [by] doing this.”

    Chang added, “What [Donald Trump] did was show that the United States has that one element that we were concerned about, and that is political will. President Trump exhibited political will today, and that’s a great thing.”

    Trump must suffocate Huawei, a China-based telecommunications company linked to the Chinese Communist Party, to protect America’s national security interests, determined Chang.

    “I hope, now, that President Trump is not going to give the Chinese the reprieves on Huawei,” expressed Chang, “because that would not be good for us,” adding, “there is a chance that we will not help Huawei” in order to not “rescue that company.”

    America must broadly begin decoupling its economy from China’s, advised Chang.

    “[America needs] further disengagement from China,” Chang said. “Companies are going to take their supply chains and move them elsewhere because although they can price in additional tariffs, what they can’t price in is the uncertainty. And right now, given the friction between Washington and Beijing, they don’t know where this is going, so they cannot actually make plans, which means it’s much easier for them to move their factories to Vietnam, Bangladesh, or Jordan — wherever. But I think that we’re going to see this disentangling, which is a good thing for us.”

    Chang went on, “Given all the other frictions in the relationship, I believe that we are headed for a divorce, which is a good thing, because for too long, the Chinese have been taking advantage of Americans, putting American workers out of work, and all the rest of it, stealing our intellectual property — this has just got to end.”

    “We can affect a separation,” added Chang. “It’s going to be painful, but we can’t think that we have done decades of misguided trade policy and think that we can get out of this without cost.”

    Pollak asked Chang about potential harm to American consumers in the context of tariff implementation on Chinese imports, noting the phenomenon of comparative advantage in the context of international trade.

    “The Chinese don’t believe in the doctrine of comparative advantage, the notion which underpins all of global trade,” responded Chang. “I don’t see how you can run a global trading system with a large trading partner that doesn’t believe in this fundamental, comprehensive notion. We’re going to have to go in a different direction. We can trade with other countries. There are other countries in the world, and there are other countries in the world that are not headed to a debt crisis. So I’m very happy not to have American banks participating in the world’s next big crisis. I think we’re in a good place, right now.”

    Chang praised Trump’s foreign policy toward China.

    “I actually think that, with regard to the China tariffs, Trump is probably about the only person who could’ve done it,” estimated Chang. “Or let me put it this way: he was the only person who would’ve moved this fast. I think any American president would’ve eventually gotten to where we are today, it just would’ve taken a year and a half to two years, and of course, right now, time is everything, so it’s important. I think the president deserves a lot of credit for what he’s been doing with regard to trade with China.”

    Pollak also asked Chang about a potential military conflict between the U.S. and China.

    Chang replied, “Samuel Huntington, in Clash of Civilizations, his great work, said that trade is tot necessarily a way to prevent conflict. He said as trade relations deteriorate, then the possibility of military conflict rises fast. So it’s not necessarily the level of trade you have with another country, it’s the direction, and clearly, we are in a way of delinking.”

  40. Gordon Chang: China’s Communist Regime ‘Happy to Kill Tens of Thousands of Americans’ via Fentanyl
    https://www.breitbart.com/politics/2019/08/02/gordon-chang-china-communist-regime-happy-to-kill-tens-of-thousands-of-americans-via-fentanyl/
    Robert Kraychik 2 Aug 2019
    China’s Communist Party is “very happy to kill tens of thousands of Americans each year” with its fentanyl exports, knowing of overdoses related to the opiate’s abuse, said Gordon Chang, Daily Beast columnist and expert on China, in a Thursday 1 August 2019 interview on SiriusXM’s Breitbart News Tonight with hosts Rebecca Mansour and Joel Pollak.

    Pollak asked Chang about China’s stated commitment to restrict manufacturing and exporting of fentanyl to the U.S., following President Donald Trump’s request for cooperation from Chinese President Xi Jinping on the matter.

    Chang replied, “The fentanyl comes from Chinese sources, and these are well-organized gangs. In the semi-totalitarian state that Beijing runs, the Communist Party knows what’s going on. Trump was right to call the Chinese out on this, and the fact that Beijing didn’t do anything about it is a real indication that they were very happy to kill tens of thousands of Americans each year, which means that we should be very happy not to do business with China and close our markets to China, and disengage our economy from them, and give them as rough a time as they’ve been giving us.”

    Chang continued, “What is it going to take to get them to stop fentanyl? I actually don’t know if there is anything. There’s going to be a point where we’re going to have to push the Chinese [Communist Party] to the edge of extinction, and then maybe they will come around, but maybe not.”

    On Thursday, Trump announced that his administration would impose a ten percent tariff on the $300 billion of imports from China that have not yet been subject to new import duties, beginning in September 2019.

    “This is a great day for the United States of America,” said Chang of Trump’s promise to levy additional tariffs on Chinese imports. “First of all, Chinese leaders are used to deference from their American counterparts, and Trump absolutely showed Xi Jinping that the United States is just not going to bow down to Beijing. A lot of people said Trump is not going to do this, to oppose the additional tariffs on the remaining $300 billion of goods. They were saying consumers would complain, that Trump is too worried about the stock market, that Trump needs a trade deal for the November 2020 elections. Well, the President of the United States showed that everybody was wrong. He certainly surprised me [by] doing this.”

    Chang added, “What [Donald Trump] did was show that the United States has that one element that we were concerned about, and that is political will. President Trump exhibited political will today, and that’s a great thing.”

    Trump must suffocate Huawei, a China-based telecommunications company linked to the Chinese Communist Party, to protect America’s national security interests, determined Chang.

    “I hope, now, that President Trump is not going to give the Chinese the reprieves on Huawei,” expressed Chang, “because that would not be good for us,” adding, “there is a chance that we will not help Huawei” in order to not “rescue that company.”

    America must broadly begin decoupling its economy from China’s, advised Chang.

    “[America needs] further disengagement from China,” Chang said. “Companies are going to take their supply chains and move them elsewhere because although they can price in additional tariffs, what they can’t price in is the uncertainty. And right now, given the friction between Washington and Beijing, they don’t know where this is going, so they cannot actually make plans, which means it’s much easier for them to move their factories to Vietnam, Bangladesh, or Jordan — wherever. But I think that we’re going to see this disentangling, which is a good thing for us.”

    Chang went on, “Given all the other frictions in the relationship, I believe that we are headed for a divorce, which is a good thing, because for too long, the Chinese have been taking advantage of Americans, putting American workers out of work, and all the rest of it, stealing our intellectual property — this has just got to end.”

    “We can affect a separation,” added Chang. “It’s going to be painful, but we can’t think that we have done decades of misguided trade policy and think that we can get out of this without cost.”

    Pollak asked Chang about potential harm to American consumers in the context of tariff implementation on Chinese imports, noting the phenomenon of comparative advantage in the context of international trade.

    “The Chinese don’t believe in the doctrine of comparative advantage, the notion which underpins all of global trade,” responded Chang. “I don’t see how you can run a global trading system with a large trading partner that doesn’t believe in this fundamental, comprehensive notion. We’re going to have to go in a different direction. We can trade with other countries. There are other countries in the world, and there are other countries in the world that are not headed to a debt crisis. So I’m very happy not to have American banks participating in the world’s next big crisis. I think we’re in a good place, right now.”

    Chang praised Trump’s foreign policy toward China.

    “I actually think that, with regard to the China tariffs, Trump is probably about the only person who could’ve done it,” estimated Chang. “Or let me put it this way: he was the only person who would’ve moved this fast. I think any American president would’ve eventually gotten to where we are today, it just would’ve taken a year and a half to two years, and of course, right now, time is everything, so it’s important. I think the president deserves a lot of credit for what he’s been doing with regard to trade with China.”

    Pollak also asked Chang about a potential military conflict between the U.S. and China.

    Chang replied, “Samuel Huntington, in Clash of Civilizations, his great work, said that trade is tot necessarily a way to prevent conflict. He said as trade relations deteriorate, then the possibility of military conflict rises fast. So it’s not necessarily the level of trade you have with another country, it’s the direction, and clearly, we are in a way of delinking.”

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