Tuesday, 18 September 2018

US imposes new tariffs on $200bn of Chinese goods

quote [ The higher import taxes will apply to almost 6,000 items, marking the biggest round of US tariffs so far.

The taxes will take effect from 24 September, starting at 10% and increasing to 25% from the start of next year unless the two countries agree a deal. ]

We are letting a virtual child play with TNT...and all of our lives are in the balance.
[SFW] [politics] [+1 WTF]
[by bbqkink]
<-- Entry / Comment History

bbqkink said @ 2:42am GMT on 19th September
The same principal applies to the steel. Yes this helps the existing steel manufactures in the short run, but will it ...first, last long enough for someone to see profit in US steel , enough to build more production capability.

And I don't see anybody willing to bet money on what Trump will do next. I think it is just ride out the storm time...but expect things to get worse before they get better.


bbqkink said @ 2:44am GMT on 19th September
The same principal applies to the steel. Yes this helps the existing steel manufactures in the short run, but will it last long enough for someone to see profit in US steel , enough to build more production capability.

And I don't see anybody willing to bet money on what Trump will do next. I think it is just ride out the storm time...but expect things to get worse before they get better.



<-- Entry / Current Comment
bbqkink said @ 2:42am GMT on 19th September
The same principal applies to the steel. Yes this helps the existing steel manufactures in the short run, but will it last long enough for someone to see profit in US steel , enough to build more production capability.

And I don't see anybody willing to bet money on what Trump will do next. I think it is just ride out the storm time...but expect things to get worse before they get better.




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