Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Trump says he'll put 10% tariffs on remaining China imports

 

August 2, 2019

Marcio Jose Sanchez – Associated Press

Starting Sept. 1, about $300 billion worth of Chinese goods coming into the U.S. through places like the Port of Los Angeles, above, will be hit with a $10 tariff.

WASHINGTON - President Donald Trump intensified pressure on China to reach a trade deal by saying he will impose 10% tariffs Sept. 1 on the remaining $300 billion in Chinese imports he hasn't already taxed. The move immediately sent stock prices sinking.

The president has already imposed 25% tariffs on $250 billion in Chinese products, and Beijing has retaliated by taxing $110 billion in U.S. goods.

http://www.startribune.com/trump-threatens-10-tariffs-on-china-starting-sept-1/513499842/


 

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