David Lawder, Elias Glenn — Trump says U.S. tariffs on Chinese goods could exceed $500 billion

Summary:
President Donald Trump said on Thursday the United States may ultimately impose tariffs on more than a half-trillion dollars’ worth of Chinese goods as the world’s two largest economies hurtled toward the start of a trade war.... Does China need Western markets more than the West needs Chinese market? Looks like we are going to find out as equities markets make their bets. ReutersTrump says U.S. tariffs on Chinese goods could exceed 0 billion David Lawder and Elias GlennSee alsoZero HedgeTrade War Begins In Hours, As Trump Confirms China Tariffs To Start At Midnight Tyler DurdenSee alsoZero HedgeChina Rejects US "Blackmail" On Eve Of Trade War, Vows To Fight Back Tyler Durden

Topics:
Mike Norman considers the following as important: Sino-American trade war

This could be interesting, too:

Mike Norman writes RT — Beijing won’t just ‘watch Huawei be slaughtered on the chopping board’, company chief warns US

Mike Norman writes China to buy billion in U.S. farm products in return for tariff concessions-U.S. sources — Jeff Mason, Andrea Shalal, David Lawder

Mike Norman writes Is China Actually Stealing American Jobs and Wealth? John L. Graham and Benjamin Leffel

Mike Norman writes America’s War on Chinese Technology — Jeffrey D. Sachs