A Quarter of Chinese Stocks Crash 10% as Trump Threatens Another $200 Billion in Tariffs

#17102
Truman
Participant

Coming Out Fast And Furious

Peter Navarro, the White House trade advisor being quoted:

Headlines

None of the Trump administration’s efforts to negotiate with China have yielded progress on changing China’s predatory trade practices
Trump has great relationship with Chinese Pres. Xi and will work with him to resolve trade issues
China has more to lose in trade dispute with US
Administration will choose Chinese products for possible tariffs in a measured and fair way
Has no knowledge of or comment on speculation that Apple has secured exemption from tariffs on Chinese goods
our phone lines are open to further discussions with Chinese officials
Trump’s actions are necessary defense of crown jewels of US economy
Chinese may have underestimated Trumps resolved to secure changes in China’s trade practices
Trumps plan is visionary and courageous
US priorities are deficit cut, IP protection
Tariff level 10% limit consumer impact