Quotes
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 A risk is that this is the beginning of a tit-for-tat trade war, which could result in lower GDP growth everywhere, higher U.S. inflation, a stronger dollar and upside pressure on U.S. interest rates,
Stephen Dover, chief market strategist and head of financial firm Franklin Templeton Institute, told the Associated Press As far as I can see so far, it’s a relatively limited response, affecting no more than 30 percent of U.S. exports to China,
Bert Hofman, a former World Bank official, told the New York Times The measures are fairly modest, at least relative to U.S. moves, and have been calibrated to send a message to the U.S.,
These moves are warnings that China intends to harm U.S. interests if need be but still give China the option to back down,
said Julian Evans Pritchard, head of China economics at Capital Economics You know, back in my day we didn’t have all this technology. Everything was much simpler. What about you, dear
she asks one exasperated fraudster We’re telling Ukraine they have very valuable rare earths,
It is not only unhelpful in solving its own problems, but also damages normal economic and trade cooperation between China and the US,
the statement noted, referring to US's unilateral tariff hike China has filed a case against the US tariff measures under the WTO dispute settlement mechanism,
the commerce ministry said in a statement, The above two entities violate normal market transaction principles, interrupt normal transactions with Chinese enterprises, and take discriminatory measures against Chinese enterprises,
The U.S.'s unilateral tariff increase seriously violates the rules of the World Trade Organization,
The trade war is in the early stages so the likelihood of further tariffs is high,
Oxford Economics said in a note as it downgraded its China economic growth forecast China hopefully is going to stop sending us fentanyl, and if they're not, the tariffs are going to go substantially higher,
That's very encouraging news,
said Chris Davison, who heads a trade group of Canadian canola producers As President, it is my responsibility to ensure the safety of ALL Americans, and I am doing just that. I am very pleased with this initial outcome,
Trump said on social media Frankly speaking, I don't think that raising tariffs is beneficial to the US itself,
President Trump is taking bold action to hold Mexico, Canada, and China accountable to their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country,
The debate today in the room was about the principle, first of all, be prepared. And I can only say we are prepared,
she told a news conference It will definitely happen with the European Union. I can tell you that because they've really taken advantage of us,
Trump told reporters on Sunday
