United Kingdom  

Why Investors Shouldn't Be Surprised at China's Tariff Retaliation

Video Credit: The Street - Duration: 01:21s - Published
Why Investors Shouldn't Be Surprised at China's Tariff Retaliation

Why Investors Shouldn't Be Surprised at China's Tariff Retaliation

And the trade headlines are back... China announced retaliatory tariffs on 5% to 10% on another $75 billion worth of U.S. goods, including oil, effective Sept.

1, as well as resuming 25% tariffs on U.S. autos, effective Dec.

15.

"In response to the measures by the U.S., China was forced to take countermeasures," the Chinese State Council said in a statement on Friday.

"The Chinese side hopes that the U.S. will continue to follow the consensus of the Osaka meeting, return to the correct track of consultation and resolve differences, and work hard with China to end the goal of ending economic and trade frictions." President Trump took to Twitter to respond to China's retaliation.

....better off without them.

The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP.

Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..

— Donald J.

Trump (@realDonaldTrump) August 23, 2019 Watch to see what Jeff Marks, who is filling in for Jim Cramer Friday, has to say about the tariffs.

Bull Market Fantasy @BullMktFantasy Disrupting the World of Fantasy Sports Cramer Confessional: Jim Cramer's One Fantasy Drafting Regret Cramer's Fantasy Football Draft Got a Little Crazy - Watch Jim Cramer Breaks Down His Top Lesson From His Fantasy Draft Premium Pick: Jim Cramer: Want Proof of Economy's Strength?

Look to Home Depot Exclusive: CBD-Infused Happy Tea to IPO in January Cryptos: Bitcoin Is Still Nowhere Near Being Money Billionaire Club: Nepal's Only Billionaire Shares His Success Mantra Ask the Expert: Ask The Expert: Should You Add Gold to Your Portfolio?

TheStreet Explains: The Benefits of Using a Credit Card Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

0
shares
ShareTweetSavePostSend
 

You Might Like

Related news from verified sources

China warns of retaliation after Trump threatens fresh tariffs

China on Friday said it would not be blackmailed and warned of retaliation after U.S. President...
Reuters - Published


Tweets about this


Related videos from verified sources

Stocks fall as Trump issues higher tariff threat [Video]

Stocks fall as Trump issues higher tariff threat

Stocks fell two or more percent Friday before President Donald Trump made good on a threat to escalate the trade war between the U.S. and China by jacking up planned tariffs on Chinese-made goods in..

Credit: Reuters - Politics     Duration: 02:19Published
Inside China's Latest $75 Billion Tariff Threat - How We Got Here [Video]

Inside China's Latest $75 Billion Tariff Threat - How We Got Here

China is retaliating. China's announcement that it will impose tariffs on $75 billion worth of goods, with 25% tariffs on American automobiles set to go into effect December 15. Some of the other..

Credit: The Street     Duration: 01:10Published
TJX Earnings Upcoming -- Will Tarifs Hurt Guidance? [Video]

TJX Earnings Upcoming -- Will Tarifs Hurt Guidance?

With earnings coming up on August 20, TJX investors will be anxious to figure out how much a potential 10% to 25% additional tariff on apparel coming into the U.S. from China would impact future..

Credit: The Street     Duration: 01:50Published