Another Tariff? Trump: Levy A 10% Tariff On The Remaining 300 Billion US Dollars In Chinese Products.

On the morning of August 2, 2019, Trump sent twitter again, and said that the United States would start in September 1st and impose a 10% tariff on the remaining $300 billion from China's products and products. This does not include a 25% tariff on US $250 billion in Chinese goods.

However, Trump also said that we look forward to continuing a positive dialogue with China on the comprehensive trade agreement and that the future between our two countries will be very bright.

Just after Trump made the remarks, the US stock market plummeted across the board. The US market responded fiercely. Wall Street's stock market fell sharply and investors rushed to buy bonds. The Dow Jones industrial average rose nearly 300 points before, but it dropped 250 points shortly after Trump's announcement.

The US stock index dropped three to 0.7% to 0.9% today. Among them, companies that relied heavily on the Chinese market were divided into guns, and Apple's share price jumped by 1.4% to 1.4%.

U.S. Treasury Secretary Mnuchin (Steven Mnuchin) confirmed to the media 24 days ago that he and the US trade representative lawrer Hayes will go to Shanghai for a two day meeting 29 days ago. The new round of Sino US negotiations will face a 30 day visit to Shanghai for a period of two days.

Trump had repeatedly repeated the issue of tariffs on China.

On July 31st, foreign ministry spokesperson Hua Chunying held a regular press conference and replied, "media reports just said that the Sino US economic and trade consultation held in Shanghai ended very quickly. Does this show that the round of negotiations is in discord? In addition, President Trump said that China often goes back on its own. If he is to wait until next year's general election before he can sign an agreement, it will be a worse deal. What is China's comment on this? " This question indicates that I have seen relevant reports. I just want to say "ha ha". Because you know, for more than a year, Sino US economic and trade consultations have been inconsistent, unspoken and volatile. China's position on economic and trade consultations is consistent. The bilateral economic and trade teams are currently negotiating in Shanghai. I have not grasped the latest situation you mentioned just now. At this time, it is meaningless for the American side to try to limit the pressure. As a matter of fact, it is useless for others to take medicine when they are sick. In my opinion, on the issue of economic and trade negotiations, the United States should show sincerity and honesty more.