BREAKING: Trump approves plan to impose tough China tariffs

BY KAT SHEPHERD / JUNE 14, 2018 /

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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by APNEWS.COM:

WASHINGTON (AP) — President Donald Trump has approved a plan to impose punishing tariffs on tens of billions of dollars of Chinese goods as early as Friday, a move that could put his trade policies on a collision course with his push to rid the Korean Peninsula of nuclear weapons.

Trump has long vowed to fulfill his campaign pledge to clamp down on what he considers unfair Chinese trading practices. But his calls for billions in tariffs could complicate his efforts to maintain China’s support in his negotiations with North Korea.

The article goes on to state the following:

Trump met Thursday with several Cabinet members and trade advisers and was expected to impose tariffs on at least $35 billion to $40 billion of Chinese imports, according to an industry official and an administration official familiar with the plans. The amount of goods could reach $55 billion, said the industry official. The officials spoke on condition of anonymity in order to discuss the matter ahead of a formal announcement.

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1 Comment

  1. Nancy June 14th, 2018 at 10:10 pm

    I think it’s about time we start making good in America. I think it’s about time that we start employing Americans. I think it’s about time we open our factories and make our own country abundant. Obama Hussein and the rest of the crooks tried hard to destroy America Then came God. In the name of Jesus I think God for bringing Donald J Trump to our country’s rescue. Please continue to guide his path to give all Americans a chance at a good life

    Reply

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