UPDATE: WH STATEMENT – Trump just UPPED the ante on potential trade war with China

by The Right Scoop

It’s being reported now that Trump is calling for an additional 100 billion in tariffs for Chinese products:


Here’s more:

President Donald Trump said Thursday he is ordering the U.S. Trade Representative to consider $100 billion in additional tariffs on Chinese goods.

“In light of China’s unfair retaliation, I have instructed the USTR to consider whether $100 billion of additional tariffs would be appropriate under section 301 and, if so, to identify the products upon which to impose such tariffs,” Trump said in a statement issued by the White House.

I’m not sure, but $100 billion seems like an awful lot to me. Wow.

Also, how is their retaliation is “unfair”? Didn’t he expect it? That’s how trade wars work.

One thing is for sure, however. You can be doubly sure they will retaliate even more now.

UPDATE:

Here’s the WH statement on the 100 billion…


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