Trump Ready To Hit All Chinese Imports With Tariffs

KELO US China Tariffs Graphic

President Donald Trump said he’s willing to hit all goods imported from China with tariffs, sending U.S. markets sliding before the opening bell.
In a taped interview with the business channel CNBC aired early Friday, Trump said “I’m willing to go to 500,” referring roughly to the $505.5 billion in goods imported last year from China.
The administration to date has slapped tariffs on $34 billion of Chinese goods in a trade dispute over what it calls the nation’s predatory practices.
Dow futures, which had already been pointing modestly lower, are now indicating triple-digit losses.
The yuan dipped to a 12-month low of 6.8 to the dollar, off by 7.6 percent since mid-February.

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