Friday, May 1, 2020

President Trump Prepared To Put $1 Trillion In Tariffs On Chinese Goods As Punishment For The Pandemic



Daily Mail: Donald Trump says he has seen evidence that the coronavirus started in Wuhan virology laboratory – as he warns he could impose tariffs of $1 TRILLION on China in retribution

  * Trump said he was confident the virus came from a lab in Wuhan, China
  * The president also warned he could impose tariffs of $1 trillion on China as a punishment for the pandemic
  * He seemed to rule out withholding US debt payments to China calling it a 'rough game' that could damage the 'sanctity' of the dollar
  * Sources said US officials are seeking retribution from the nation, such as canceling debt or stripping China of its 'sovereign immunity'
  * Trump also blasted the World Health Organization Thursday
  * He then cast doubt on the theory the virus jumped from animals to humans

President Donald Trump said he has seen evidence that coronavirus started in the Wuhan virology laboratory, as he warned he could impose tariffs of $1 trillion on China in retribution for the pandemic.

The president made the explosive charge that the coronavirus that has caused millions of infections and wreaked havoc on the global economy may have been created in the Chinese lab during his coronavirus press briefing Thursday.

He also suggested the federal government is exploring ways to punish China for triggering the outbreak by imposing tariffs but he stopped short of saying he would refuse to pay back US debts.

'Yes I have. Yes I have,' Trump said when asked if he has confidence that the Wuhan Institute of Technology was the origin of the virus.

Read more ....

Update: Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus (Reuters)

WNU Editor: My friends in China do not believe President Trump will impose these measures. I tell them that they are underestimating how angry people are in the U.S. over China's role in first lying about this disease, and then helping to spread it across the globe when they lifted restrictions for overseas travel while denying that it would pose a danger. In just three months the following has happened. The U.S. economy is now in ruins, tens of thousands of Americans have died, and there is no "light at the end of the tunnel". And to rub salt into the wound, China is blaming the U.S. for this global disaster. My prediction.The U.S. is going to retaliate, and their focus will be to cripple the Chinese economy in the same manner that the U.S. economy is right crippled now. If the gloves are not off, they soon will be.

4 comments:

RussInSoCal said...

That's a start. The Chinese communists need to be destroyed.

Anonymous said...

Wnu same here. All my Chinese friends - including those in mainland and Europe-all of them believe the Chinese talking points. Deep deep brain wash, even if they've lived and still live abroad. Chinese integration is a huge issue. They hang out in China town. They listen to Chinese news etc

Mike Feldhake said...

The easiest thing to do is to forgive ourselves the debt to cover costs. That should be done!

Anonymous said...

I saw a guy swing nunchucks at a coconut. The rebound hit him in the head. Tariffs sound good, but they can certainly come back to whack you.