SoylentNews is people
SoylentNews
from the start-counting-the-pennies,-er,-yen dept.
Submitted via IRC for Bytram
Trump's 15 percent tariff on Chinese goods kicks in
It's the first day of September, marked by a new round of tariffs on Chinese imports, which went into effect Sunday. In latest escalation of the trade war with China, the Trump administration has slapped a 15% tariff on $112 billion worth of Chinese goods (PDF), something consumers can expect to feel when buying everything from milk to diapers to some China-manufactured tech products like the Apple Watch.
But on Aug. 13, the USTR said it would offer a temporary reprieve to a batch of about $160 billion products (PDF) like laptops and cellphones. Those goods won't be subject to the new tariffs until Dec. 15 -- an attempt to blunt the impact of the duties on the holiday shopping season. Trump later raised the new tariff on Chinese goods to a 15% rate rather than the initial 10%.
China retaliated Sunday with its own tariff plan taking effect at 12:01 p.m. local time. It's rolling out higher tariffs in stages on a total of about $75 billion in US goods like soybeans and crude oil. It'll also resume an extra 25% duty on cars imported from the US on Dec. 15.
(Score: 3, Funny) by The Shire on Thursday September 05 2019, @07:04PM (1 child)
Sadly the deal with Disney, the ouster of Roger Ailes and control of the network falling to James Murdoch, Fox News has been moving towards the hard left. James Mudoch, who inherited control from his father, is an avowed globalist and is on record saying that he "seeks to create a globalist network out of Fox and turn away from its prior conservatism", never mind that being the last remaining conservative network was the very thing that made it more popular than CNN or MSNBC combined.
Sarcastic comments about Fox being "leftist bastards" are no longer funny, they're becoming true.
(Score: 3, Insightful) by fustakrakich on Thursday September 05 2019, @07:51PM
You guys are funny! One minute FOX is "hard right", the next they are "hard left". Ebb and flow... just like your economy in a fickle absent minded world.
Just so you know, it was the government tax handouts (incentives, or whatever euphemism you want to give it) that moved all the factories overseas. It was bipartisan, so we don't have to bring that shit up. It's the "FedEx" way, a package from San Fransisco to Oakland has to go through Atlanta. The secretary of state's useless drunken brother in law gets a cushy job (he doesn't even have to show up!), and the old lady will let him sleep in the bedroom. This is the life they live. What's this "left/right" bullshit you people babble about? You really think they give a shit about that?
I think the phrase is *kicking it up* or *paying tribute*, something like that. Sounds perfectly normal. Keeps the machine from seizing up.
La politica e i criminali sono la stessa cosa..