Trump turns up the heat in trade conflict with China

Trump turns up the heat in trade conflict with China

About a sixth of the items were among the products already hit by USA tariffs recently imposed on US$50 billion in Chinese goods, such as pressure-reducing valves or lubricants.

The deadline for public comment on the next wave of punitive taxes on $200 billion of annual imports from China expired Thursday, so Trump could impose the tariffs immediately.

President Trump on Saturday took aim at Apple after the tech giant said the White House's proposed tariffs on China could result in price hikes on popular consumer devices like AirPods, the company's wireless headphones, and the Apple Watch.

China has retaliated to the USA tariffs on $50 billion in Chinese imports with an equal amount of import taxes on us goods. "And I hate to say this, but behind that is another $267 billion ready to go on short notice if I want". Additional U.S. tariffs are certain to trigger Chinese retaliation, though China's smaller volume of American imports means that it can't match Trump's tariffs on a dollar-for-dollar basis.

In addition, the chip industry is a source of trade surplus for the U.S., including with China, Intel argued.

Beijing has warned that it would hit back with duties on US$60 billion in American products - a much smaller figure that shows China will not be able to match USA tariffs dollar-for-dollar.

Japan will have a "big problem" if it doesn't conclude a new trade deal with the U.S., he said on Air Force One.

Woodward book 'Fear' reflects chaos in Trump White House
Kelly is quoted by Woodward repeating that sentiment, saying, "we're in crazytown....this is the worst job I've ever had". Trump did not speak with him until the manuscript was complete, the paper said. "Let's kill the f-ing lot of them".

Apple also mentioned that tariffs would raise the cost of servers, hard drives and cables for United States data centers.

Hours after a public comment period closed on his $200 billion China tariff list, Trump told reporters aboard Air Force One that he was "being strong on China because I have to be".

So far this year, US imports from China are running roughly 8 percent higher than during the same period in 2017.

That said, Apple didn't give an estimate of how much the proposed tariffs would contribute to the increased costs of its products. "Now, they've got to treat us fairly", he said, and again threatened to impose duties on cars produced in Canada.

The White House has accused China of stealing USA intellectual property and forcing American companies to share their technology with Chinese companies.

Wu Baiyi, director of the Institute of American Studies at the state-run China Academy of Social Sciences, downplayed any impact of a new NAFTA deal on U.S.

Specifically, Kudlow said, the United States was seeking "zero tariffs, zero non-tariff barriers, zero subsidies, stop the IP theft, stop the technology transfer, allow Americans to own their own companies".

Related Articles

  • Neymar Picks His 2018/19 Premier League Top 4

    Neymar Picks His 2018/19 Premier League Top 4

    Let us know what you think by leaving a comment below. "Firmino is being a great guy, his family has given a good support to me and Alisson", he added.
    Tropical storm heads to US Gulf Coast

    Tropical storm heads to US Gulf Coast

    Sea levels could rise as much as 5 feet (1.5 m) from Shell Beach, Louisiana, to Dauphin Island, Alabama, forecasters said. Some intensification is expected before it makes landfall tonight, possibly as a hurricane, in or near South Mississippi.
    NH Hotel Ordered To Take ‘Immediate Steps’ After Legionnaires’ Outbreak

    NH Hotel Ordered To Take ‘Immediate Steps’ After Legionnaires’ Outbreak

    The disease is a form of pneumonia caused by inhaling mist or small drops of water contaminated with Legionella bacteria. She said one was contracted out of state, while it's not yet been determined where the other case was contracted.
  • More trouble for Tesla after executives resign

    More trouble for Tesla after executives resign

    It later said that Chief People Officer Gaby Toledano would not return from a leave of absence, just over a year after joining. He went on to say that running Tesla was the "hardest" job he has: "It's very difficult to keep a auto company alive".
    Toll from Japan quake rises to 18 as hopes fade for survivors

    Toll from Japan quake rises to 18 as hopes fade for survivors

    A doctor in Abira, the town next to Atsuma said: "Without electricity, there's nothing I can do except to write prescriptions". With bad weather expected over the next days, officials are warning people to remain cautious and be prepared for aftershocks.
    Apple may replace Plus branding with Max on 6.5-inch iPhone Xs

    Apple may replace Plus branding with Max on 6.5-inch iPhone Xs

    That name is quite the mouthful, and we're not quite sure what would lead Apple to call its larger phone "Max" instead of "Plus". The "plus" models a bigger screen with a better camera and a multitude of more features in comparison to the lower models.
  • Trump demands the New York Times unmask the anonymous op-ed author

    Trump demands the New York Times unmask the anonymous op-ed author

    Trump responded with fury, on Twitter and in comments at public events at the White House , calling it a " gutless editorial". Some of the guess-the-author game centred on whether the author worked in the White House or a federal agency.
    Burt Reynolds, Swaggering Star Actor, Has Died At 82

    Burt Reynolds, Swaggering Star Actor, Has Died At 82

    Three years ago, he said during an interview that the love of his life was Sally Field , his co-star in " Smokey and the Bandit ". Just after the news broke, celebrity admirers and others took to social media to offer condolences and pay tribute to Reynolds.
    Mobile and Apple now offering iPhone, iPad leasing program for businesses

    Mobile and Apple now offering iPhone, iPad leasing program for businesses

    New iPad models are rumored to be displayed at the 12 September launch event, where the new iPhone models will be launched. Along with the new phones, an upgraded version of Apple Watch and Airpods is also expected to be revealed in the event.
  • Is Trump's rewrite of NAFTA hurting a partnership?

    Is Trump's rewrite of NAFTA hurting a partnership?

    But on the sidelines, President Trump and Prime Minister Justin Trudeau have dug into seemingly irreconcilable positions. Without Canada, Republican lawmakers would be likely to scuttle any new NAFTA pact, The NYT report said.
    Underdog exploits US Open spacing to pull off masterpiece

    Underdog exploits US Open spacing to pull off masterpiece

    The match, which carried on until after 2 a.m. before ending 0-6 6-4 7-5 6-7 (4-7) 7-6 (7-5), was Nadal's longest at the U.S. Nadal will face Juan Martin del Potro in the semi-final of the US Open .
    Twitter CEO reportedly favored keeping Alex Jones and Richard Spencer on platform

    Twitter CEO reportedly favored keeping Alex Jones and Richard Spencer on platform

    Facebook's Sheryl Sandberg says the company is getting better at finding and combating adversaries who try to use the platform. The later hearing before the House Energy and Commerce Committee was to focus on bias and Twitter's algorithms.