Trump orders new tariffs on China
https://www.washingtonpost.com/world/asia_pacific/asian-shares-mixed-as-trump-orders-new-tariffs-on-china/2018/09/17/17815cdc-baf7-11e8-adb8-01125416c102_story.html?noredirect=on&utm_term=.1a5230c1b94a
In Singapore the Asian markets were mixed on Tuesday after Donald Trump ordered tariffs of $200 billion or even more in Chinese goods. And this caused tension between the worlds top two economies. Theorizing that Trump would impose more tariffs on China skyrocketed a sell-off in technology stocks that pulled US indexes lower on Monday. And on Monday, Donald Trump announced tariffs on $200 billion more in Chinese good starting next week which could rise up prices on goods. The tariff will start at 10% starting on Monday next week, and then rise up to 25% on January 1st. Beijing warned that it would hit an additional $60 billion in American goods if Trump kept ordering goods. On Monday an official newspaper came out with a more aggressive measure to “make American pain worse”. Also if china does not put up a fight trump threatened to add another $267 billion in the Chinese imports list. Which could raise a total of $517 billion which would cover almost everything that China sells in the US.
The article was written to inform people about what is going on between China and the US. And I’m my opinion the authors have a negative opinion of Trump and the tariffs. And what Trump did cause tension between the top two economies.
In my opinion I think Trump has to stay away from causing trouble in other countries and focus on making The U.S better . I'm now informed about what other tensions are going on in politics . -Alma Alvarado -Cabrera-
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