THE POST 08/05/2018 GO PRESIDENT TRUMP! YOU KNOW HOW TO DEAL!!!

As Yuan Drops, Trump Considers Increasing Tariffs

2018-08-05 | by Alice Greene | Share on Facebook   President Trump had threatened to impose a 10% import tax on $200 billion in Chinese imports. Now, he is considering increasing that figure to 25%. The proposal is backed by Administration advisers who say the increase is necessary to make up for the recent depreciation of the Chinese yuan, which has dropped 6% against the USD since May 30th. "Once you go down the road of using tariffs to disrupt the Chinese, you have to ...More