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China hits back at Trump, adds tariffs to $60B of U.S.-made products


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https://www.nbcnews.com/business/business-news/china-hits-back-trump-adds-tariffs-60b-u-s-made-n910616?

 

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The Chinese Finance Ministry announced Tuesday it would go ahead with plans announced in August to tax 5,207 types of U.S. imports, ranging from coffee to farm machinery. The smaller, mismatched dollar amount reflects the fact that China is running out of American goods to tax, due to its trade imbalance.

 

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OOOOOOOOOOOOOHHHHHHHHHHHHHHHH

 

Last week we got that EO:

 

Quote

President Donald Trump signed an executive order on Wednesday meant to punish foreign entities for interfering in US elections, an attempt to demonstrate muscle on an issue he's been accused of downplaying.

https://www.cnn.com/2018/09/12/politics/trump-election-meddling-executive-order/

 

And then this morning we got these tweets this morning:

 

 

So this is what the EO from last week was about.

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  • 4 months later...

So Trump exempted Russian Pollock from tariffs despite them being processed in China and shipped here, keeping their price lower than American Cod, in the meantime American Cod got hit with 25% tariffs from China locking them out of that market, TARIFF MAN HOOOOOOOO!

 

https://www.cnn.com/2019/02/07/politics/russian-fish-sticks/index.html

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