What will the HSI do today I wonder?
Another $200B in goods to be added.
Turning into a scene from Austin Powers... 1 beeelion dollars?
The orange one is not doing a U turn....yet : Lets see who will blink.
In a statement published by the White House, President Trump stated: “I have directed the United States Trade Representative to identify $200billion worth of Chinese goods for additional tariffs at a rate of 10 percent.
“After the legal process is complete, these tariffs will go into effect if China refuses to change its practices, and also if it insists on going froward with the new tariffs that it has recently announced.”
Can someone explain why Trump wants to punish China so badly while giving a pass to ZTE?
(no conspiracy BS please - a real explanation would be nice)
There is no real explanation available in the public domain.a real explanation would be nice
The real reason is often a wee bit more complicated than the easiest answer?
At the end of the day, someone with a bigger stick showed up. But longer term it might not work, as there is plenty of resistance to ZTE and they're tainted... no one will buy their product for any long term use.