China Imposes 34% Tariff on U.S. Goods

[odanny]

It is not as simple as imposing a tariff. It is also about shutting down key operations in China that they think may cause additional pain, which they are also doing.

Start an international trade war that you have neither planned nor prepared for. What could go wrong?



China said Friday that it will impose a 34 percent tariff on U.S. goods, matching levies targeting China by President Donald Trump that Beijing called “inconsistent with international trade rules.”

The announcement was made by China’s State Council, the country’s cabinet, which also condemned “unilateral bullying” by the United States in a statement.

China’s Ministry of Commerce also announced a slew of non-tariff measures Friday, including the suspension of export licenses for 16 U.S. firms over allegations of products having military applications, and adding 11 companies to its “unreliable entities list.” The ministry also said it launched an anti-dumping investigation into a type of medical X-ray tube imported from the United States and India.

China’s measures came as stock markets in Asia and Europe fell sharply Friday, continuing the steep declines recorded in the United States, amid fears of a full-blown global trade war and an economic recession sparked by Trump’s tariff blitz.

China, one of the hardest hit by this week’s tariffs, had vowed to take “firm countermeasures” to retaliate. Analysts said the escalation hurts the chances of negotiations between Washington and Beijing.

“If China wants to strike hard, it will strike hard,” Wang Yiwei, director of the Institute of International Affairs at Renmin University in Beijing, said before China announced its retaliatory measures.

“Trump’s policy is to scare people first. If you are afraid, you will beg for mercy. … From China’s perspective, this is blackmail, and China is different from America’s allies. It is relatively independent and will not be fooled by America,” he said.

Other regional leaders seized on Trump’s suggestion that he might be open to cutting deals, despite his previous insistence that he was not interested in discussing exemptions to his tariffs.

WaPo

 

[Godboy]

It is not as simple as imposing a tariff. It is also about shutting down key operations in China that they think may cause additional pain, which they are also doing.

Start an international trade war that you have neither planned nor prepared for. What could go wrong?



China said Friday that it will impose a 34 percent tariff on U.S. goods, matching levies targeting China by President Donald Trump that Beijing called “inconsistent with international trade rules.”

The announcement was made by China’s State Council, the country’s cabinet, which also condemned “unilateral bullying” by the United States in a statement.

China’s Ministry of Commerce also announced a slew of non-tariff measures Friday, including the suspension of export licenses for 16 U.S. firms over allegations of products having military applications, and adding 11 companies to its “unreliable entities list.” The ministry also said it launched an anti-dumping investigation into a type of medical X-ray tube imported from the United States and India.

China’s measures came as stock markets in Asia and Europe fell sharply Friday, continuing the steep declines recorded in the United States, amid fears of a full-blown global trade war and an economic recession sparked by Trump’s tariff blitz.

China, one of the hardest hit by this week’s tariffs, had vowed to take “firm countermeasures” to retaliate. Analysts said the escalation hurts the chances of negotiations between Washington and Beijing.

“If China wants to strike hard, it will strike hard,” Wang Yiwei, director of the Institute of International Affairs at Renmin University in Beijing, said before China announced its retaliatory measures.

“Trump’s policy is to scare people first. If you are afraid, you will beg for mercy. … From China’s perspective, this is blackmail, and China is different from America’s allies. It is relatively independent and will not be fooled by America,” he said.

Other regional leaders seized on Trump’s suggestion that he might be open to cutting deals, despite his previous insistence that he was not interested in discussing exemptions to his tariffs.

WaPo

Chinese people arent buying American. The US can afford this trade war, China cant. That is simply a fact.

 

[theHawk]

It is not as simple as imposing a tariff. It is also about shutting down key operations in China that they think may cause additional pain, which they are also doing.

Start an international trade war that you have neither planned nor prepared for. What could go wrong?



China said Friday that it will impose a 34 percent tariff on U.S. goods, matching levies targeting China by President Donald Trump that Beijing called “inconsistent with international trade rules.”

The announcement was made by China’s State Council, the country’s cabinet, which also condemned “unilateral bullying” by the United States in a statement.

China’s Ministry of Commerce also announced a slew of non-tariff measures Friday, including the suspension of export licenses for 16 U.S. firms over allegations of products having military applications, and adding 11 companies to its “unreliable entities list.” The ministry also said it launched an anti-dumping investigation into a type of medical X-ray tube imported from the United States and India.

China’s measures came as stock markets in Asia and Europe fell sharply Friday, continuing the steep declines recorded in the United States, amid fears of a full-blown global trade war and an economic recession sparked by Trump’s tariff blitz.

China, one of the hardest hit by this week’s tariffs, had vowed to take “firm countermeasures” to retaliate. Analysts said the escalation hurts the chances of negotiations between Washington and Beijing.

“If China wants to strike hard, it will strike hard,” Wang Yiwei, director of the Institute of International Affairs at Renmin University in Beijing, said before China announced its retaliatory measures.

“Trump’s policy is to scare people first. If you are afraid, you will beg for mercy. … From China’s perspective, this is blackmail, and China is different from America’s allies. It is relatively independent and will not be fooled by America,” he said.

Other regional leaders seized on Trump’s suggestion that he might be open to cutting deals, despite his previous insistence that he was not interested in discussing exemptions to his tariffs.

WaPo

I thought tariffs only punish their own people?

Anyway, this is good. We need to divorce ourselves from China. They are communists and intend to dominate the US and world.

 

[yidnar]

Chinese people arent buying American. The US can afford this trade war, China cant. That is simply a fact.

the tariffs will end once countries come to the table and make a better deal .. in 3 months it will be over and the US will have better trade deals .. Trumps style is to shoot for the moon and then settle somewhere in the middle ..

 

[odanny]

I thought tariffs only punish their own people?

So you thought Trump started a tariff war to punish Americans?

We have put ourselves in a position where we just can't "divorce ourselves" from China, because China keeps the house, car, and all the bank accounts.

 

[shockedcanadian]

It is not as simple as imposing a tariff. It is also about shutting down key operations in China that they think may cause additional pain, which they are also doing.

Start an international trade war that you have neither planned nor prepared for. What could go wrong?



China said Friday that it will impose a 34 percent tariff on U.S. goods, matching levies targeting China by President Donald Trump that Beijing called “inconsistent with international trade rules.”

The announcement was made by China’s State Council, the country’s cabinet, which also condemned “unilateral bullying” by the United States in a statement.

China’s Ministry of Commerce also announced a slew of non-tariff measures Friday, including the suspension of export licenses for 16 U.S. firms over allegations of products having military applications, and adding 11 companies to its “unreliable entities list.” The ministry also said it launched an anti-dumping investigation into a type of medical X-ray tube imported from the United States and India.

China’s measures came as stock markets in Asia and Europe fell sharply Friday, continuing the steep declines recorded in the United States, amid fears of a full-blown global trade war and an economic recession sparked by Trump’s tariff blitz.

China, one of the hardest hit by this week’s tariffs, had vowed to take “firm countermeasures” to retaliate. Analysts said the escalation hurts the chances of negotiations between Washington and Beijing.

“If China wants to strike hard, it will strike hard,” Wang Yiwei, director of the Institute of International Affairs at Renmin University in Beijing, said before China announced its retaliatory measures.

“Trump’s policy is to scare people first. If you are afraid, you will beg for mercy. … From China’s perspective, this is blackmail, and China is different from America’s allies. It is relatively independent and will not be fooled by America,” he said.

Other regional leaders seized on Trump’s suggestion that he might be open to cutting deals, despite his previous insistence that he was not interested in discussing exemptions to his tariffs.

WaPo

China has a nearly $1T trade surplus with the U.S when calculated honestly.

They don't buy American Made goods, in fact, their government actively promote to NOT buy foreign goods but to buy Chinese goods.

America has been getting fleeced for decades. Trump and his team have said "no more". The consumer market will always have the upper hand in such economic rebalancing.

China could apply a 500% tariffs. 500% of 0 is still 0.

 

[theHawk]

So you thought Trump started a tariff war to punish Americans?

We have put ourselves in a position where we just can't "divorce ourselves" from China, because China keeps the house, car, and all the bank accounts.

^^ and there it is, we must submit our sovereignty to China because Dems and RINOs sold us out to them decades ago.

Nope. We can break from them. It will be rough, and take many years, but we can do it, by not listening to weak minded people like you.

 

[odanny]

America has been getting fleeced for decades. Trump and his team have said "no more". The consumer market will always have the upper hand in such economic rebalancing.

Of course we have been getting fleeced! It was asked for, in order to use their workforce for pennies on the U.S. dollar.

Now we are going to change this dynamic with no alternative in mind, no infrastructure, no trained workforce, in order to appease the whims of one man who has no idea what he is doing.

Sounds like a great plan, don't it?

 

[odanny]

^^ and there it is, we must submit our sovereignty to China because Dems and RINOs sold us out to them decades ago.

I love this cult thinking, the Republicans remain blameless in your brain. It's all an act. That's why I have long suspected you are not American.

Probably another Russian.

 

[theHawk]

I love this cult thinking, the Republicans remain blameless in your brain. It's all an act. That's why I have long suspected you are not American.

Probably another Russian.

I literally just called out RINOs. Neocon Republicans all supported “free trade” with China and I always opposed it. That’s why I think President Trump is the best, because he finally changed the Republican Party to embrace tariffs and end that nonsense. You just can’t deal with it.

 

[Zincwarrior]

Anyway, this is good. We need to divorce ourselves from China. They are communists and intend to dominate the US and world.

This is a fair argument.

 

[odanny]

I literally just called out RINOs. Neocon Republicans all supported “free trade” with China and I always opposed it. That’s why I think President Trump is the best, because he finally changed the Republican Party to embrace tariffs and end that nonsense. You just can’t deal with it.

Trump has no clue what he is doing, just like Musk didn't. I'm pretty sure I know why you support Trump, but it aint because you want what is best for this country. Your rationale is maybe something only you and I understand, and as far as Trump's reasoning, who the hell knows?

Every action he has taken as President has been punitive. He is lashing out everywhere, flailing wildly. None of this ends well for anyone, it is only through the years post-Trump that any of this will be repaired.

 

[Darkwind]

So you thought Trump started a tariff war to punish Americans?

We have put ourselves in a position where we just can't "divorce ourselves" from China, because China keeps the house, car, and all the bank accounts.

No, it isn't Trump that thinks that tariffs hurts the country that imposes them.

That would be the left's talking point.

We can divorce ourselves. It may take a while, but we MUST divorce ourselves from China.

 

[shockedcanadian]

It is not as simple as imposing a tariff. It is also about shutting down key operations in China that they think may cause additional pain, which they are also doing.

Start an international trade war that you have neither planned nor prepared for. What could go wrong?



China said Friday that it will impose a 34 percent tariff on U.S. goods, matching levies targeting China by President Donald Trump that Beijing called “inconsistent with international trade rules.”

The announcement was made by China’s State Council, the country’s cabinet, which also condemned “unilateral bullying” by the United States in a statement.

China’s Ministry of Commerce also announced a slew of non-tariff measures Friday, including the suspension of export licenses for 16 U.S. firms over allegations of products having military applications, and adding 11 companies to its “unreliable entities list.” The ministry also said it launched an anti-dumping investigation into a type of medical X-ray tube imported from the United States and India.

China’s measures came as stock markets in Asia and Europe fell sharply Friday, continuing the steep declines recorded in the United States, amid fears of a full-blown global trade war and an economic recession sparked by Trump’s tariff blitz.

China, one of the hardest hit by this week’s tariffs, had vowed to take “firm countermeasures” to retaliate. Analysts said the escalation hurts the chances of negotiations between Washington and Beijing.

“If China wants to strike hard, it will strike hard,” Wang Yiwei, director of the Institute of International Affairs at Renmin University in Beijing, said before China announced its retaliatory measures.

“Trump’s policy is to scare people first. If you are afraid, you will beg for mercy. … From China’s perspective, this is blackmail, and China is different from America’s allies. It is relatively independent and will not be fooled by America,” he said.

Other regional leaders seized on Trump’s suggestion that he might be open to cutting deals, despite his previous insistence that he was not interested in discussing exemptions to his tariffs.

WaPo

This is the litmus test. Trump should immediately increase Chinas tariffs another 20%.

If he sends this message immediately it will go a long way.

Chinas economy is not free, it's been a scavenger economy, pillaging Western technology and exporting trillions while importing little from the West, especially the U.S on a comparative basis. It's also time that their dollar floats to the proper value.

 

[TheGreatSatan]

This is the litmus test. Trump should immediately increase Chinas tariffs another 20%.

If he sends this message immediately it will go a long way.

Chinas economy is not free, it's been a scavenger economy, pillaging Western technology and exporting trillions while importing little from the West, especially the U.S on a comparative basis. It's also time that their dollar floats to the proper value.

China is going to lose the biggest customer to their competition

 

[shockedcanadian]

China is going to lose the biggest customer to thier competition

IF Trump stays the course.

It's either Chinas system or Americas who will rule the world, people like Rubio, JD Vance and others are advising Europe to become more like the principles they have traditionally followed NOT oppressive Soviet tactics such as that which Canada follows when dealing with their citizens and the economy.

 

[Cellblock2429]

It is not as simple as imposing a tariff. It is also about shutting down key operations in China that they think may cause additional pain, which they are also doing.

Start an international trade war that you have neither planned nor prepared for. What could go wrong?



China said Friday that it will impose a 34 percent tariff on U.S. goods, matching levies targeting China by President Donald Trump that Beijing called “inconsistent with international trade rules.”

The announcement was made by China’s State Council, the country’s cabinet, which also condemned “unilateral bullying” by the United States in a statement.

China’s Ministry of Commerce also announced a slew of non-tariff measures Friday, including the suspension of export licenses for 16 U.S. firms over allegations of products having military applications, and adding 11 companies to its “unreliable entities list.” The ministry also said it launched an anti-dumping investigation into a type of medical X-ray tube imported from the United States and India.

China’s measures came as stock markets in Asia and Europe fell sharply Friday, continuing the steep declines recorded in the United States, amid fears of a full-blown global trade war and an economic recession sparked by Trump’s tariff blitz.

China, one of the hardest hit by this week’s tariffs, had vowed to take “firm countermeasures” to retaliate. Analysts said the escalation hurts the chances of negotiations between Washington and Beijing.

“If China wants to strike hard, it will strike hard,” Wang Yiwei, director of the Institute of International Affairs at Renmin University in Beijing, said before China announced its retaliatory measures.

“Trump’s policy is to scare people first. If you are afraid, you will beg for mercy. … From China’s perspective, this is blackmail, and China is different from America’s allies. It is relatively independent and will not be fooled by America,” he said.

Other regional leaders seized on Trump’s suggestion that he might be open to cutting deals, despite his previous insistence that he was not interested in discussing exemptions to his tariffs.

WaPo

/----/ Vietnam says they will reduce tariffs on US goods to ZERO. NIKI and other brands soar.
See how it works, Libtards?

Nike (NYSE:NKE) and Lululemon (NASDAQ:LULU) shares climbed Friday morning after former President Donald Trump reported a very productive call with Vietnamese officials on trade tariffs.

Trump stated on Truth Social that Vietnam's General Secretary To Lam expressed willingness to reduce tariffs to zero, pending an agreement with the U.S. He added that he looked forward to a future meeting on the matter.

https://finance.yahoo.com/news/nike-lululemon-shares-rise-trump-191410094.html

 

[OldFlame]

Of course we have been getting fleeced! It was asked for, in order to use their workforce for pennies on the U.S. dollar.

Now we are going to change this dynamic with no alternative in mind, no infrastructure, no trained workforce, in order to appease the whims of one man who has no idea what he is doing.

Sounds like a great plan, don't it?

The red bolded is just pure hyperbole.

 

[Cellblock2429]

Of course we have been getting fleeced! It was asked for, in order to use their workforce for pennies on the U.S. dollar.

Now we are going to change this dynamic with no alternative in mind, no infrastructure, no trained workforce, in order to appease the whims of one man who has no idea what he is doing.

Sounds like a great plan, don't it?

/----/ Trump tariffs appreciated by US shrimpers: 'threw us a lifeline'
American shrimpers were pleased to see President Donald Trump unveil his latest round of tariffs this week.


The president on Wednesday announced plans for new tariffs on goods imported from foreign countries. The new measures include a baseline levy of 10% on foreign imports and "individualized reciprocal higher" tariffs on certain countries, the White House said.

Leann Bosarge, the COO of Bosarge Boats, told FOX Business’ Lydia Hu on Friday that the tariffs "threw us a lifeline" in the struggling domestic shrimp industry.

 

[22lcidw]

I love this cult thinking, the Republicans remain blameless in your brain. It's all an act. That's why I have long suspected you are not American.

Probably another Russian.

You had your answers. With all of the lies for years before and after the stolen 2020 election. The good news is that every orifice is open season including to toddlers.