Trump Announces New Tariffs On China And They're YUGE

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 @eb454
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Posted: May 05, 2019 2:54 PM

President Donald Trump took to Twitter on Sunday to announce his plans to increase tariffs on Chinese imports. The scheduled increases are set to go into effect on Friday, assuming a trade deal is not struck when Chinese Vice Premier Liu appears in Washington on Wednesday. 

According to National Economic Council Director Larry Kudlow, President Trump is issuing a warning to China before Wednesday's meetings, the Washington Post reported.

“I’m a free-trade guy. The president’s tariffs, however, have been extremely useful in negotiating. … If it doesn’t work out, then I think what the president is saying in today’s tweet is that we will continue these tariffs,” Kudlow said during a Sunday appearance on Fox News. “China has got to end its unfair, nonreciprocal trading system. They’re breaking the laws."

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