Trump Says U.S. Tariffs Could be Applied to Chinese Goods Worth $500 Billion

Trump does dirty business again

Gold Silver Reports (GSR) – Trump Says U.S. Tariffs Could be Applied to Chinese Goods Worth $500 Billion – Trump confirmed that the United States would begin collecting tariffs on $34 billion in Chinese goods at 12:01 a.m. Washington D.C. time (0401 GMT) on Friday and warned that subsequent rounds could see tariffs on more than $500 billion of goods, or roughly the total amount that the United States imported from China last year.

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Investors Agree With Trump: Any Trade War

China to shut its consulate in Houston within 72 hours

Gold Silver Reports (GSR) – That’s the early view from financial markets as the tariff dust-up between China and the U.S. shows increasing signs of impacting stock prices. While broad measures of American equities have held up better than their Chinese counterparts, striation within the U.S. market shows investors anticipate steep losses in some stalwart names.

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