Trade War With China To Escalate Soon

The Hill
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China’s Commerce Ministry reportedly said Wednesday that it will respond “in kind” if President TrumpDonald John TrumpDOJ threatens executive privilege over Mueller report if Dems carry out contempt vote Trump touts ‘BIG FIREWORKS’ returning to Mt. Rushmore for July 4 Trump taps ex-State spokeswoman Heather Nauert to help oversee White House fellowships MORE moves to increase tariffs on Chinese goods.

The Washington Post reported Wednesday on the statement from the ministry, which comes amid ongoing negotiations between Washington and Beijing that Trump and top aides have said were close to producing a deal.

Trump threatened this week to increase tariffs from 10 percent to 25 percent on $200 billion in Chinese goods if Chinese negotiators do not reach a deal with their U.S. counterparts first.

“For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods,” Trump tweeted on Sunday. “These payments are partially responsible for our great economic results. The 10% will go up to 25% on Friday.”


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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!