China details tariffs it will raise on U.S. goodsChina has announced it will be raising tariffs on roughly $60 billion worth of U.S. goods beginning midnight June 1, according to China’s State Council Customs Tariff Commission.
China’s newly increased tariffs largely affect the same goods on which initial tariffs were imposed last fall, and have not been extended to any new set of goods. The new tariff rate hike is based on four categories of US goods valued at approximately $60 billion. China has levied tariffs on a total of $110 billion worth of US products since the trade war began.
Tariffs on the $60 billion worth of US products went into effect on September 24 last year. Roughly 5,000 items were affected, and they were split into four categories.Category 3 went from 5% to 10%: On Friday, the U.S. hiked tariffs from 10% to 25% on $200 billion worth of Chinese exports after trade talks held in Washington failed to produce a breakthroughUS stock market losses have accelerated:
Drop the price and I'll buy 2
Ask her if she voted for him
If this isn't a good enough reason for an all out coup d'état against Trump & Company then I don't know what else would be. How much more damage would Trump & Company would have to do before someone gets fed up and try to take matters into their own hands?
Making America God Awful...
It's past due for China to stop ripping us off. In her own words in 2017 'American lobsters tend to be less expensive in China than other live seafood...One of my customers said our lobsters are one of the cheapest things in the live tanks.”
Aww rich people not buying you stuff
Americans - your company going down the tubes or belly up due to Trump's tariff war? Let it be heard loud and clear on Twitter - over and over and over again since that's the only feedback he responds to.
I have a white feather for her....
Sherri317 Did anybody ask her, who did she support in 2016 ? 😳
Trumps trade war, Democratic morons, we have been talking in the bum from China for year. Finally a President who is willing to stand up to this trillion dollar imbalance. This is your country also act like it. pathetic
Hey Chuck Schumer and Lizzy Warren are for tough tariff measures against China. Chuck the other day told Trump to keep the pressure on them and Lizzy told Cramer that we need to pressure China on his show.
I use to be a BIG FAN of CNN & watched it all the time. CNN is so biased - they really do the american public a great disservice by their propaganda which is their opinion filtered through the lens of their hatred for Trump and his incredible achievements during his presidency
Great reporting. Make sure you do not interview one of the millions of people who got jobs after Trump was elected. You know Obama said u would need a magic wand to bring back mfg. Guess Trump found the wand in the White House. Keep up the bad work. You all suck.
barely mentions at all the incredible economy this POTUS has ushered in but yet they pull this nonsense. They are basically lying to their viewers. What’s left of them.
All fault is trump
Not his fault ..obamas
Well just think that means they will be loaded with them in ocean growing getting bigger.
1. the scam stock market casino is only for a few corps & 1% 2. If it wasnt corrupt & took out healthcare, drug corps, and military contractors it would be around 19,000. These corps should not be on a stock trade 3. Greed aka toxic profit, that hurts others has got 2 go
They're all in the media with pity, buying from outside to make AMERICANS unemployed. President Trump is trying to at least attract equal quality products with better prices.
theresannn1 Wait... what How to is the trade war impacting LOBSTER
I see a big sale on lobster 🦞 coming, maybe I will be able to afford to buy some. They would rather throw them away than sell them back to the American people for a great deal.
So she only ships lobsters to China?
Did she vote for him? If so what does she expect? Lying self serving corruption ; the world saw it for what it is, why don’t the GOP grow a conscience?
BrookeBCNN senatorcollins I'm a tad confused about her moving to Canada when she's already there! 'The Company has a location in Canada as well, and can still ship live lobster from its Canadian location in Southwest Nova Scotia.'
What is wrong when Trump says to China, keep the billions you being stolen from the US in the past, but under my watch is going to be fair play
CNN works for China
PETA must be happy.
Don't Trump has your back. Trump is MAGA. Relax drink the beer but don't drink the Kool aid.
No lobstah?
“Trump’s trade war”? This is a trade war for the economic health of our entire nation. Step up sparky and find some new markets. Doing business with China was NEVER a good idea.
Why would you want to move to Canada? I’d move there right now if I could.
Trump doesn’t understand that... he doesn’t understand economics —- he thinks he knows it all... so very very disgusting..
MAGA winning...LOL
So how come the price of lobster hasn't gone down any in the US?
I saw her report. China is not the only consumer available. And 40 million lbs is 20 million lobsters, and that's a good month at Red Lobster..make a deal !
BrookeBCNN So that means Alyssa_Milano is the sex Nazi NO SEX FOR YOU!😂🤷 OfficialJLD IJasonAlexander JerrySeinfeld TBS SeinfeldTV danacarvey DavidSpade LauraBenanti colbertlateshow SaraBareilles ingridmusic MileyCyrus
Who is she going to vote for?
Free the lobsters!🦞
I do feel sorry for her and the industry. No one deserves to be affected by trump's policies. Unless they voted for him and his great business acumen.
Continue to support Trump and fall into bankruptcy. He doesn’t understand simple business principles
Did you vote for him?
Awwww vote differently in 2020 then
Leave it to cnn to find the ones suffering even though Trump is doing this for ALL the usa ...you guys are relentless at spreading HATE !!!
Stop trying to cause your country to lose this trade war. Country over party.
What a shame.....I am sure Trump doesn't care but surely Susan Collins will help (hint: don't held your breath and think next time you vote)
Maybe Senator Collins could get Trump to give them a subsidy.
Winning!
All cnn does is complain
Correction.. it's China's trade war. They've been taking advantage of us for far too long..
of course Fake News would cherry pick one place allegedly negatively impacted by the trade war
I'm sure the lobsters are happy that their exports are down so much!
Blow that into ears of TomCottonAR until he wakes up.
OrangeIgnoranus
BUT WE GET TO HATE BROWN PEOPLE OUTLOUD!!!! MAGA!!!!