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| -Short Attention Span Theater- |
| In Texas, the biggest Chinese tariff hit will come from crude oil and propane |
| 2018-06-23 |
| [Business Insider] The collateral damage from President Donald Trump's trade fight with China could soon have some states feeling the squeeze. China announced tariffs on $50 billion worth of imports from the US in response to Trump's tariffs on Chinese imports, an escalation of the brewing trade war between the two countries. Also mirroring Trump's move, China's tariffs will be deployed in two waves — the first covering $34 billion worth of goods coming in early July. The Chinese tariffs are focused on energy and agricultural products, covering goods including ornamental fish, whiskey, and coal. By singling out certain goods, the Chinese are also hitting some states harder than others. |
| Posted by:Skidmark |
| #5 Ornamental fish? Like 10 pound bass? |
| Posted by: swksvolFF 2018-06-23 18:01 |
| #4 Chinese imports put a lot of quality manufacturers out of business. Now the imports are becoming more and more poorer quality and there is no alternative for many of the now very cheaply made products domestically. Raising tariffs will allow for better quality stuff to be made domestically. |
| Posted by: Jeasing Jeaque5937 2018-06-23 14:39 |
| #3 The term is 'fungible' -- if they won't buy it someone else will. |
| Posted by: magpie 2018-06-23 11:37 |
| #2 Forget them! Find new customers. |
| Posted by: Besoeker 2018-06-23 08:53 |
| #1 I think I don’t get it. |
| Posted by: Skidmark 2018-06-23 08:50 |