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The Chinese have no intention of giving in to President Trump and are vowing to “fight to the end”. So that means that an economic war between the number one economy on the entire planet and the number two economy on the entire planet is officially on. Yesterday, I warned my readers that imports from China were about to be hit with a 104 percent tariff <theeconomiccollapseblog.com/are-you-ready-to-pay-a-104-tariff-on-all-products-from-china/>, but because this number had not been reported by the mainstream media yet a lot of people didn’t believe me. Of course this morning major news outlets all over the globe were using that number. Here is just one example <www.foxbusiness.com/politics/white-house-says-china-missed-deadline-lift-retaliatory-tariffs-us-hike-china-tariffs-104> …
*White House press secretary Karoline Leavitt said Tuesday that because China declined to lift its retaliatory tariff, the president’s additional 50% tariff levied on top of previously imposed tariffs of 20% and 34% took effect, bringing the total tariff on Chinese goods to 104%.*
*She added that the tariffs took effect at noon Eastern Time on Tuesday, with tariff collection set to begin on Wednesday. Leavitt said that U.S. trading partners should be coming to the administration with deals to improve trade terms.*
*“The president’s message has been simple and consistent from the beginning to countries around the world – bring us your best offers and he will listen,” Leavitt said during a White House press briefing Tuesday. “Deals will only be made if they benefit American workers and address our nation’s crippling trade deficits.”*
The Chinese have no intention of giving in to President Trump and are vowing to “fight to the end”. So that means that an economic war between the number one economy on the entire planet and the number two economy on the entire planet is officially on. Yesterday, I warned my readers that imports from China were about to be hit with a 104 percent tariff <theeconomiccollapseblog.com/are-you-ready-to-pay-a-104-tariff-on-all-products-from-china/>, but because this number had not been reported by the mainstream media yet a lot of people didn’t believe me. Of course this morning major news outlets all over the globe were using that number. Here is just one example <www.foxbusiness.com/politics/white-house-says-china-missed-deadline-lift-retaliatory-tariffs-us-hike-china-tariffs-104> …
*White House press secretary Karoline Leavitt said Tuesday that because China declined to lift its retaliatory tariff, the president’s additional 50% tariff levied on top of previously imposed tariffs of 20% and 34% took effect, bringing the total tariff on Chinese goods to 104%.*
*She added that the tariffs took effect at noon Eastern Time on Tuesday, with tariff collection set to begin on Wednesday. Leavitt said that U.S. trading partners should be coming to the administration with deals to improve trade terms.*
*“The president’s message has been simple and consistent from the beginning to countries around the world – bring us your best offers and he will listen,” Leavitt said during a White House press briefing Tuesday. “Deals will only be made if they benefit American workers and address our nation’s crippling trade deficits.”*
GO HERE FOR MORE michaeltsnyder.substack.com/p/china-has-an-insidious-6-point-plan?publication_id=1520363&post_id=160899429&isFreemail=true&r=1ovjep&triedRedirect=true
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