A woman walks by a bench painted with an American flag outside a fashion boutique selling U.S. brand clothing at the capital city's popular shopping mall in Beijing, Monday, May 13, 2019. Companies waited Monday to see how China decides to retaliate for President Donald Trump's latest tariff hike while forecasters warned their escalating fight over technology and trade might disrupt a Chinese economic recovery.
“We are determined and capable of safeguarding our legitimate rights and interests,” said the spokesman, Geng Shuang. “We hope the United States will meet China halfway to address each other’s legitimate concerns.” Forecasters warned that Friday’s hikes could disrupt a Chinese recovery that appeared to be gaining traction. Growth in the world’s second-largest economy held steady at 6.4% over a year earlier in the latest quarter, supported by higher government spending and bank lending.
The chief Chinese envoy, Vice Premier Liu He, told state TV the remaining issues had to do with principles and “we will make no concessions on matters of principle.” Trump’s surprise May 5 tariff announcement renewed anxiety in financial markets about global economic growth.
Well, let's hope they don't do them like 🇨🇺... And end up having to smuggle them 🐔 and beans
'Thy love afar is spite at home.' - Emerson
This illusory and wholly FABRICATED 'trade war' is just the LATEST EXAMPLE of how the GOP 'willfully subverts' the People's ECONOMIC INTERESTS in order to 'specifically benefit' a very small class of campaign contributors benefiting from NEEDLESS INFLATION resulting thereto.
If they manufacture here, it’s not an issue. Don’t buy Chinese made stuff.
This is going to screw up my main job. We get parts from all over the world. Our company ate the cost for a while but they've had no choice but to push it to our customers now. Its just going to get worse from here.
Officials appeared to be studying the potential impact on China’s economy before picking their next steps, said VP of the U.S.-China Business Council. Officials might be worried companies may shift operations out of China in response to “aggressive retaliatory actions,” he said.
'The latest U.S. charges could knock 0.5 percentage points off annual Chinese economic growth and that loss could widen to 1 percentage point.' - AP Your headline implies growth warnings for US, but the information within speaks to a reduction in Chinese growth.
Tighten your belt.Don't buy any high Chinese tariff products till the trade war has ended.
The unbiased headline would read: China feels pressure of newly imposed tariffs.
Let them eat rice in the PRC! BoycottPRC RedChina Shoddy
How many of these companies cried when the rest of us had our taxes raised to redistribute to their coffers. Screw them, take the hit and shut up! Snowflakes
This will cause a hike on groceries, building materials, shoes, anything that comes from China. You can thank Trump for doing this. This is just how stupid Trump is.
Step 1: cancel all Trump trademarks in China, especially the escort service and voting machines... Step 2: watch the US remove sanctions so Brokahontas daughter wife to get her trademarks for escort services and voting machines back...
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