The trade war that Donald Trump always wanted starts Thursday

[DonViejo]

By David J. Lynch March 21 at 6:23 PM

President Trump will announce Thursday a series of trade enforcement actions designed to punish China for years of widespread violations of U.S. intellectual property rights, the White House said.

Although White House plans remain fluid, the president is expected to announce steep tariffs on about $50 billion in Chinese products along with restrictions on Chinese investment in the United States designed to mirror limits faced by Americans investing in China, industry executives said.

Tighter visa policies for Chinese students are also being considered, according to the executives, who spoke on the condition of anonymity in order to discuss private conversations.

The trade crackdown on China follows years of fruitless negotiations that failed to halt “China’s state-led, market-distorting efforts to force, pressure and steal U.S. technologies and intellectual property,” said Raj Shah, principal deputy press secretary.

more
https://www.washingtonpost.com/news/business/wp/2018/03/21/the-trade-war-that-donald-trump-always-wanted-starts-thursday/?utm_term=.634817dcec7d

[yallerdawg]

1. Dow down 250 and getting worse.

As HIS brand goes down the toilet, this sociopath will take US down with him.

[DemocratSinceBirth]

2. China should stop showing up when we sell our Treasury bonds.

[no_hypocrisy]

3. Especially in light of the extra $1 trillion that Trump added to the federal debt.

[beachbum bob]

4. the trump tariff tax will hit his base much harder than democrats as his base shop at

the places that sell mostly chinese made products. Karma is a bitch....unfortunetly it runs our trade deficits up AND our national debt up as we end up paying higher interest rates as the FED increases those....and china will most likely reduce buying US treasuries....