Trump Announces New China Tariffs to Begin September 1.
The 10% tariffs will be applied to another $300 billion of Chinese imports.
Our representatives have just returned from China where they had constructive talks having to do with a future Trade Deal.
We thought we had a deal with China three months ago, but sadly, China decided to re-negotiate the deal prior to signing, President Donald Trump, Twitter.
More recently, China agreed to buy agricultural product from the U.S. in large quantities, but did not do so.
Additionally, my friend President Xi said that he would stop the sale of Fentanyl to the United States – this never happened, and many Americans continue to die!, President Donald Trump, Twitter.
China contends to have authorized massive shipments of U.S. soybeans since mid-July in the millions of tons.
Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country, President Donald Trump, Twitter.
Later on, Trump added that the tariffs could reach as high as 25%.
Continued trade negotiations between the two countries are set for September in Washington D.C.
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