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Politics : Formerly About Advanced Micro Devices

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Mick Mørmøny

To: SeachRE who wrote (1101330)

11/24/2018 8:32:52 PM

From: locogringo

1 Recommendation Read Replies (1) of 1583965

OOPS! (educate yourself)

U.S. -vs- China Tariff Impact Report:
Chinese Producers Pay for Most
of Tariff, U.S Consumers
See Minimal Impact…

In June 2018 President Trump instructed U.S. Trade Representative Robert Lighthizer to initiate a 10% tariff on $200 billion of Chinese goods (Round #1). After two months of China refusing to negotiate renewed trade deals in good faith President Trump instructed Lighthizer to increase the tariff rate to 25% in August (Round #2). There is a third tranche of tariffs scheduled for January 1st, 2019. With a full quarter of trade data to analyze the impacts, the results are now measurable.

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