Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
Login Archives Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: stocks

Why Trump's Tariffs Aren't Going Away Anytime Soon

By Alexander Bird, Associate Editor, Money Morning • August 24, 2018

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

This week, American and Chinese trade representatives met in Washington to discuss deteriorating trade relations between the world's largest trading partners.

tariffsDespite their seemingly good intensions, these talks were doomed from the start.

While market indexes rose on the potential for a trade breakthrough from the meetings, fundamental disagreements about the nature of the talks prevented any significant developments this week.

In fact, this week's low-level talks made it clear that trade tensions will only rise for the foreseeable future...

Tariffs Are Just the Tip of the Iceberg

This isn't the first time highly anticipated trade talks have fizzled. In May, American and Chinese officials announced they struck a comprehensive trade deal.

According to an announcement following the May meeting, China agreed to purchase more U.S. goods and services while the United States would refrain from imposing additional tariffs on Chinese goods.

However, these commitments never materialized in a meaningful way, leading the White House to escalate its trade rhetoric.

Billions Are Now in Play: Millions of Americans could collect "Federal Rent Checks" - to learn how to claim your portion of an $11.1 billion money pool using this backdoor investment, click here now...

Less than three weeks after May's meeting, the United States threatened to impose an additional $200 billion worth of tariffs on Chinese goods.

And we shouldn't expect future negotiations to fare any differently.

You see, not only are Chinese and American negotiators failing to agree on a path forward - they refuse to recognize what the other party really wants.

American negotiators are intent on getting China's communist government to make fundamental changes to the way it manages the nation's economy and trade practices.

Reforming China's intellectual property law, licensing of American businesses, and currency manipulation practices are all on the table for American negotiators.

However, Chinese officials are far more interested in making sure the United States adheres to rules established by the World Trade Organization - rules that the nation's current tariff policy violates.

This creates a formidable impasse.

While China refuses to acknowledge its economic system disadvantages American trade, the United States dismisses claims it's violating international trade policy as irrelevant to modern trade relations between the two nations.

As the failure of this week's meeting demonstrates, the world's two largest trading partners have yet to reach a basic agreement on the goals of their talks and the resolutions that could ease global trade tensions.

And things are likely to escalate from here. This week's meeting ended without any additional plans for further talks in the near future, leaving trade relations between the two countries in limbo.

As a result, the $200 billion worth of tariffs the United States is preparing to impose on Chinese imports is likely to go into effect. And China's $60 billion of retaliatory tariffs are certain to follow.

The lack of any support for a breakthrough in the near future and the imposition of additional tariffs is likely to send volatility through the roof as Wall Street hits the selling floor.

This was the case when the White House introduced its first round of tariffs on Chinese goods in January. Concerns over the impact of tariffs on the bottom lines of the Wall Street's favorite companies played a significant part in setting February's stock market correction.

We've already seen those fears about tariff impact on earnings manifest in Q2 earnings. As both sides continue to implement more tariffs, there's a significant chance that they will ignite another market sell-off - or worse.

But that doesn't mean your income has to suffer...

Millions of Americans Now Entitled to Collect "Federal Rent Checks"

Forty-six years ago, Congress passed an obscure piece of legislation known as Public Law 92-313. And today, it's why the Treasury is sitting on top of an $11.1 billion pile of money.

Fortunately, Americans from coast to coast have discovered a loophole that entitles them to a sizable portion of this cash.

And they're racing to add their names to a special distribution list.

Some are now receiving monthly checks worth $1,795 each. Others are collecting $3,000, $5,000, or more every month. If you want to join them in this powerful investment income stream, you better hurry up.

Because this cash is getting scooped up left and right! Read more...

Follow Money Morning on Facebook, Twitter, and LinkedIn.

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Subscribe
Login
Notify of
guest

guest

0 Comments
Inline Feedbacks
View all comments


Latest News

September 15, 2023 • By Shah Gilani

We're Headed for a Second Banking Crisis - Here's What to Do

September 14, 2023 • By Tom Gentile

Tulips Are the Secret to Trading the Next 300% Rally in AI

September 14, 2023 • By Chris Johnson

Tulips Are Telling Me How To Trade the Next 300% rally in AI
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz