Quotes
Even if the two countries can agree on some issues, it is possible to see tariffs being used as a recurrent tool, which can be a key source of market volatility this year,
said Gary Ng, senior economist at Natixis in Hong Kong The measures are fairly modest, at least relative to U.S. moves, and have been calibrated to send a message to the U.S.,
Julian Evans-Pritchard, the firm's head of China Economics, said in a note We will be open and pragmatic in how to achieve that. But we will make it equally clear that we will always protect our own interests – however and whenever that is needed,
Illumina has a long-standing presence in China ... Wherever Illumina operates, we comply with all laws and regulations,
an Illumina spokesperson said in an email President Xi did reach out to President Trump to speak about this, maybe to begin a negotiation. So we'll see how that call goes,
Leavitt told Fox Business Network earlier on Tuesday We believe through constructive engagement and discussion we can resolve this problem,
These tariffs on U.S. LNG directly undermine the Trump administration’s efforts to expand American energy exports and strengthen our geopolitical influence,
These factors could adversely affect our ability to market the remaining production capacity of our projects, which could have a material adverse effect on the viability of our projects and on our business,
Venture Global told investors at the time There is not a dollar value you can put on saving American lives from fentanyl deaths,
the official said, reflecting U.S. concerns that China is a major source of the drug and chemicals used to make it The tariffs may impact long-term contracting and offtake agreements...and make it more difficult for new US LNG projects to progress toward Final Investment Decisions,
analysts at energy consulting firm EBW Analytics told customers in a note on Tuesday, referring to Beijing's decision to impose retaliatory levies on U.S. energy imports He is not going to allow China to continue to source and distribute deadly fentanyl into our country, that was the reason for this tariff,
Leavitt told reporters outside the West Wing It's up to the boss. I never get ahead of the boss, that's why I'm sitting here."
Asked if Trump could halt the tariffs on China too, he added The deployment has already started,
Let's see what happens with the call today,
Trump trade advisor Peter Navarro, a veteran of the US president's first term, told news outlet Politico That's about one-fifth of China's total growth of the year, which is of course overstated,
The first thing it's going to hit is confidence because the Chinese, like everybody else, thought that Trump was just for negotiating—when he's not. This is an ideological on a subject in which he thinks he holds the Holy Grail,
David Roche, a strategist at the geopolitical risk advisory Quantum Strategy, told CNBC The Chinese tariffs do not go into effect until five days from now, a long time in Trump world. Let's see whether a call with Trump-Xi call happens and if Beijing gets a month's reprieve like our USMCA [United States-Mexico-Canada Agreement] partners. It will also be instructive to see which other issues may come up on such a call, given the various tension points in our bilateral relationship."
Wendy Cutler, vice president at the Asia Society Policy Institute and a former acting deputy U.S. trade representative, said Higher prices make consumers poorer. Trump's washing machine tariff in 2018, for example, raised the product's domestic price by about 12 percent, approximately $90 per unit. The increased price had a greater negative impact on poorer families, who must spend a larger portion of their income on consumption."
Kent Jones, professor emeritus of economics at Babson College, previously wrote in an op-ed for The Hill It is not clear whether China and the U.S. could reach an agreement to reach a tariff truce,
We are not eager to change our baseline assumption of tariff hike to 60%. We maintain the view that the tariff war between China and the U.S. more likely will further escalate from here, but with large uncertainties regarding the timing, the pace and the magnitude of further tariff increase,
the Wall Street bank said
