Article

2024-01-29 China-Japan-Koreas

Donald Trump to impose 60% tariff on Chinese imports after reelection

What fun we’re going to have, should he indeed beat the margin of cheating.

[GEO.TV] Former US President and Republican presidential forerunner Donald Trump
...Oh, noze! Not him!...
expressed his intentions before his advisors to impose 60% flat tariffs on Chinese imports after he comes to power again, according to the Washington Post Saturday.

Donald Trump has been a clear forerunner to secure the Republican primary, with all-out efforts to secure the presidency once again despite his legal troubles.

However,
if you can't be a good example, then you'll just have to be a horrible warning...
experts warned that if such would be a case regarding tariffs, then this would have adverse impacts on the global economy. This would also have impacts far worse than the trade war that the former president had started with China in 2018.

According to the sources quoted in the Washington Post stated that Trump discussed with advisers "the possibility of imposing a flat 60% tariff on all Chinese imports."

As Trump is inching closer to assuming the US presidency, he has told his supporters that he would reverse China's status as a most favoured nation for trade.

Those countries involved in trade with the US, all enjoy the status of MFN. For those who do not fall under this category, the US can impose tariffs on their imported goods.

The four-time indicted former president claimed that currently, the US has the world’s lowest import levies, as this money is a crucial support for the country’s budget, criticising President Joe The Big Guy Biden
Joe <q>The Big Guy</q> Biden

...46th president of the U.S. We hold these truths to be self-evident. All men and women created ... by the — you know — you know, the thing...
, and vowing tougher position against China.

Posted by Fred 2024-01-29 00:00|| || Front Page|| [11147 views ] Top
File under: Commies

#1
Given those of us on fixed incomes are aleady hard pressed now. Imagine 60% added to the acknowledged CCP made goods that made up near 70+% of consumed items in the USA.. eg. Medications.

How about lower Taxes for US makers and a Balanced budget that repays the national debt in 25 years?

Posted by NN2N1 2024-01-29 04:13|| 2024-01-29 04:13|| Front Page Top

#2 How about lower Taxes for US makers and a Balanced budget that repays the national debt in 25 years?

If I call you "beautiful dreamer", will you become violent?😃

Posted by Grom the Reflective 2024-01-29 04:15|| 2024-01-29 04:15|| Front Page Top

#3
#2 Grom
I acknowledge it was extremely wishful.
But in my defense, it was before I had my 2nd cup of coffee.

NOTE: NAFTA was created to boost South America's economy and increase employment there. The CCP & other nations all abuse the Congressionally planted loop holes to bring in stuff and bypass taxes.

What if Congress closed the loop holes? Would it reduce the number of ILLEGALS flooding in maybe as originally promised?

Posted by NN2N1 2024-01-29 07:11|| 2024-01-29 07:11|| Front Page Top

#4 ^I was kidding. Anyway, if he raises tariffs on China, it's just an opportunity for Asian tigers.

Posted by Grom the Reflective 2024-01-29 07:48|| 2024-01-29 07:48|| Front Page Top

#5 China is already in a pretty hard recession with and estimated 40-50% youth unemployment rate. A tariff like that, while it would hurt us, would be the bullet in the back of China's economy.

Posted by DarthVader 2024-01-29 10:57|| 2024-01-29 10:57|| Front Page Top

#6 ^And then, China WILL go to war.

Posted by Grom the Reflective 2024-01-29 11:10|| 2024-01-29 11:10|| Front Page Top

#7 ^^ Go to war with what? China is a paper tiger.

Posted by Percy Snoluper7717 2024-01-29 16:54|| 2024-01-29 16:54|| Front Page Top

#8 Since we are getting all wishful, I would like to see the next container of mail from China opened and every package examined.

Posted by Ululating Platypus 2024-01-29 17:50|| 2024-01-29 17:50|| Front Page Top

#9 Dumb move by Trump.

Posted by DooDahMan 2024-01-29 21:16|| 2024-01-29 21:16|| Front Page Top

#10 That is just Trump's opening bid for negotiating deal that he wants. A 60% tariff would a fatal blow to China's economy and is guaranteed to get their attention.

Posted by Sninemble Flaviting1731 2024-01-29 21:59|| 2024-01-29 21:59|| Front Page Top

09:27 Warthog
09:11 Mercutio
09:07 AlmostAnonymous5839
08:52 Matt
08:24 Matt
08:20 SteveS
07:43 Procopius2k
07:42 BrerRabbit
07:42 Procopius2k
07:39 Procopius2k
07:36 Procopius2k
07:35 Procopius2k
07:34 trailing wife
07:31 Procopius2k
07:30 NN2N1
07:22 NN2N1
07:18 trailing wife
07:14 Richard Aubrey
07:10 NN2N1
07:09 Besoeker
07:03 NN2N1
06:58 NN2N1
06:58 Besoeker
05:28 Whiskey Mike