20191022(火)

The US is currently disputing retaliatory tariffs


The magnitude of the imbalance has continued into 2018, with Chinese imports totaling $205 billion in the first five months of the year and the deficit reaching $152 billion. “I’m ready to go to 500. Look, I’m not doing this for politics.” That is “taking away our big competitive edge.”D15.Earlier this month, the US imposed tariffs on $34 billion of Chinese imports.Trump is taking a more aggressive, protectionist posture on trade than his recent predecessors, sparking retaliatory measures from countries around the world and igniting disputes on multiple fronts.


US President Donald Trump Washington: President Donald Trump said he was ready to impose tariffs on all $500 billion of goods the US imports from China, remarks that sent financial markets retreating and threatened to escalate a trade clash with the Asian giant.”Along with pressing Chinese leaders to shrink the deficit, Trump’s administration has accused China of engaging in unfair trade practices by forcing American investors to turn over technologies to Chinese firms.”After criticizing the Fed in an interview, Trump again lambasted the central bank, saying “Tightening now hurts all that we have done.”Around $505 billion of Chinese goods came into the US in 2017, leading to a trade deficit of nearly $376 billion, US government data shows.Slams Federal Reserve’s decision to hike interest rates... In return, China levied taxes on the same value of US products.“We’re down a tremendous amount,” Trump said in an interview about trade imbalances with China on CNBC broadcast on Friday.US stock index futures, already down on trade worries, fell further after the interview. while the US is raising rates while the dollar gets stronger and stronger with each passing day.Meanwhile, Donald Trump on Friday attacked China and the EU for keeping their currencies artificially low to gain a trade advantage, while again blasting the Federal Reserve for raising interest rates.

The US is currently disputing retaliatory tariffs by China, the European Union, Canada, Mexico and Turkey, in response to new US duties on steel and aluminum.When asked about the stock Wholesale Vacuum Storage Bag外部リンク market possibly falling if the US imposes duties on such a large amount of goods, Trump said: “If it does, it does.In a pair of tweets, Trump said “China, the European Union and others have been manipulating their currencies







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