• BIST 99.806
  • Altın 259,967
  • Dolar 5,6860
  • Euro 6,3840
  • İstanbul 25 °C
  • Ankara 21 °C

Trump: Tariffs on All Chinese Goods "Ready to Go"

Trump: Tariffs on All Chinese Goods "Ready to Go"
On Friday, President Donald Trump announced the possibility that he will impose tariffs on all remaining Chinese-made products imported into the United States.

Speaking aboard Air Force One, Trump said that new tariffs on $200 billion in Chinese goods could be imposed "very soon depending on what happens." This amount would be in addition to previously-implemented tariffs on $50 billion in Chinese goods. A public comment period on the new $200 billion list expired Thursday.

Trump continued, saying that "behind that there is another $267 billion [list] ready to go on short notice if I want." China exported about $505 billion in goods to the United States last year, suggesting that the combined tariff list would cover virtually all Chinese-made goods. 

The National Association of Retailers immediately announced its opposition to the possibility of new tariffs. "Tariffs of this scope would mean higher prices on virtually everything sold in U.S. stores and fewer American jobs," the association warned.

The Dow, the S&P 500 and the Nasdaq Composite fell slightly after the news, despite strong U.S. job numbers announced earlier on Friday.  

The Trump administration recently reached a deal with the government of Mexico on renegotiating the North American Free Trade Agreement, and it continues its talks with Canada towards the same goal. President Trump also expects to meet with leaders in Europe next week to discuss cross-Atlantic trade tensions.

This news is a total 1228 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • NOVATEK Signs MoU with KOGAS25 June 2018 Monday 15:15
  • TOTE Places Hawaii Plans on Hold27 January 2018 Saturday 12:18
  • Turkey's Yasa in for ultramaxes at NACKS28 November 2017 Tuesday 11:24
  • Rickmers Maritime revises debt restructuring plan22 September 2016 Thursday 08:39
  • Kleven to Build Up to Four Expedition Vessels for Hurtigruten25 April 2016 Monday 18:12
  • IMO Representatives Discussed Migrant Issues06 September 2015 Sunday 18:16
  • Golden Anchor Awards 201506 September 2015 Sunday 16:49
  • Asia Tankers-VLCC Rates Dropping15 August 2015 Saturday 12:44
  • USCG Increasing Arctic Presence14 August 2015 Friday 11:58
  • Fennica is on his way to Alaska06 August 2015 Thursday 12:21
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |