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Trump imposes 10 percent tariff on $300B of Chinese imports

FBN’s Edward Lawrence on the Trump administration imposing an additional 10 percent tariff on $300 billion in imports from China.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. The network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.

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  1. These farmers will lose their farms to corporate Agricultural companies. That was the plan all along. Enjoy getting pennies on the dollar for your land. Trump is a Con man. Always has been.

  2. COWARD TRUMP HAS ALREADY CAVED !!!!!!!!!!!!!!!!!

  3. China doesn't pay those Tariffs…the importer does, then the manufacturers and vendors then ultimately that cost gets passed down to us the Consumer , so us making 75 Billion from tariffs is a farce… and us bailing out farmers through subsidies amounts for  basically a handout by the Govt to prop them up to survive through the problem Trump caused himself… which the GOP and Conservatives rail against  in regards to any social program they always wanna cut.  If you do the math we are actually running in the negative for money brought in by the Tariffs vs all these bailouts (not including job losses, companies halting new production or plants to be made, and business straight up setting up in other countries for production of a product and/or pulling out of deals already almost in place)

  4. This trade war is way to disruptive to the stock markets and has been lingering for way too long, this needs to get resolved fast..

  5. The President said that we are getting billions from China due to the tariffs. I don't understand. Isn't China the seller and we are the purchaser? My grade 12 teacher told me that tariffs are paid by the buyer. Can anyone explain it to me or tell me where to find the answer? Thanks guys

  6. US media is world's most sucessful media to wash people's mind without any doubt. Trump is the biggest liar in the history of the US president. He promoted the tax cuts of the middle class and the rich in the United States including the most exciting inheritance tax of rich people, whose goal is to reduce it to zero. Then the government's fiscal deficit needs to be filled, so a trade war against the world was created. Increasing Tariffs will only increase the consumption pressure of the people at the bottom of the country for such an imported countrie- USA. Use the money of the poor to make up for the fiscal deficit and help rich save more and more money. These leaders and wealthy capitalists are so smart. People are still very stupid and are still supporting these rich people. LOL
    The United States is the most greedy country in the world, and God is tired of it.

  7. We are paying more for steel goods. More for everything else now too. Steel industry is NOT coming back to the US. That heavy dangerous work is automated with robots. It is a political scam to be in the back pocket of business as an excuse to raise profits for business. Employees will never see a bigger paycheck nor additional employment. The poor farmers are hurting from all this.

  8. iPhones and GM cars price up up up.

  9. America got sick and ask China to take medicine. Anything more Ridiculous than that?

  10. American consumers get screwed, again.

    Biggest losers are American farmers.

    Trump is a fraud.

  11. I do my best to boycott California and China. IMO, California is actually worse, because they are Americans screwing America.

  12. pushed companies left China and moved to Vietnam make Vietnam great agian lol

  13. Raise the hell out on China. Move Apple out! Move to Vietnam or somewhere cheaper and respects our business. China took our labor and developed their middle class. Now they steal our technology. Boycott China! Bring back Jobs or else we shift to full automation! Yang2020

  14. We outsourced to China and help build their middle class. Now they are not returning the favor. US companies should leave China. We need our dividends.

  15. Stop stealing our intellectual property!

    Stop forcing technology transfers!

    Stop hacking our computers!

    Stop dumping into our markets and putting our companies out of business

    Stop state-owned enterprises from heavy subsidies,

    Stop the [importation of] fentanyl [and]

    stop the currency manipulation!

  16. This is one guy from FOX news I can't stand listening too – that raspy throat. This is one of those people when you hear them speak and YOU end up clearing your throat a few times.

  17. We have another option ,India -Pakistan is over 1/3 world population ,they may not want soy beans but maybe we can grow something they need ,besides russia will have bad years for crops buy or starve

  18. China is not waiting for the American people to vote!!! Its waiting to bankrupt America before the election. You wait it out and see😉 don't forget that the election are a little over a year from now. So, wait out America!!!!

  19. DJIA goes from 18,589 on November 9, 2016, to 27,000+ today, a new all-time record. Jumped over a 1000 points / record fastest 1000 points move in history. MSM acts like the world is going to end when the Dow falls a few hundred points.

  20. ten percent tariff september one . whip your wet noodle out on that Winnie the Poo President Xi !

  21. Folks they sent all OUR jobs over seas "those jobs are never coming back" but President TRUMP has brought them back and we are living again !!!! TRUMP 2020 !!!!

  22. Funny, I still don't hear anything about jobs coming back to America. All I hear is the market is a little down, but nobody talks about the businesses having to now pay extra taxes! Its pretty funny stuff.

  23. It's mind blowing that the President of the United States still doesn't understand how tariffs are imposed and that apparently nobody from his staff has informed him.

  24. we dont care that who is next president of US,we just do our job well. It meaningless

  25. Why Sept. 1? Why only 10%? Do it now with 50%! How could such a weak man who is not able to think through lead a country?? US deserves better leader.

  26. Only 15% of the products in Trump stores are made in the US. Donald Trump suits are made in Mexico, shirts in Bangladesh, ties in China. MAGA hats are made in China.
    Ivanka Trump won initial approval from the Chinese government for 16 new trademarks in November
    Ivanka Trump imported 53 metric tons of Chinese goods the same week her father gave a "Buy American and hire American” speech.

  27. Neil's gotta go check his throat at the doctor, something doesn't sound good when he talks.


  29. I support it. Every time others say these types of moves cause problems they have always been proven wrong. I stand behind our president, In this case because I think he is right. When Obama won, I didn't give him my vote but I didn't cry, I just got behind him so he could be as successful as possible. He did some good things but I don't think trade or jobs were his strength. For TRUMP they are.

  30. sit back and enjoy the billions of tariffs on china.. we don't need china and they have billions in our notes…. trump is dissipating that deficit smart man he is… brilliant in a word

  31. America……let go of China……make Americans worldwide in America lands…..for their country and their people…….

  32. China has bought from Russia…….they are not have problems to stand tall with America…..

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