{"id":19255,"date":"2019-05-12T23:39:50","date_gmt":"2019-05-13T07:39:50","guid":{"rendered":"https:\/\/associatednews.info\/content\/trump-administration-ratchets-up-tariffs-so-far-without-retaliation-from-china\/"},"modified":"2019-05-12T23:39:50","modified_gmt":"2019-05-13T07:39:50","slug":"trump-administration-ratchets-up-tariffs-so-far-without-retaliation-from-china","status":"publish","type":"post","link":"https:\/\/associatednews.info\/content\/trump-administration-ratchets-up-tariffs-so-far-without-retaliation-from-china\/","title":{"rendered":"Trump Administration Ratchets Up Tariffs, So Far Without Retaliation From China"},"content":{"rendered":"

By Laurel Wamsley<\/a><\/span> <\/p>\n

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\n Chinese Vice Premier Liu He talks with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin as he departs a round of trade talks in Washington on Friday.<\/p>\n

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Leah Millis\/Reuters<\/p>\n

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Leah Millis\/Reuters<\/p>\n

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The Trump administration imposed new higher tariffs on $200 billion in Chinese goods on Friday morning after trade talks failed to yield a deal. But to the surprise of many, China has yet to retaliate with new tariffs of its own.<\/p>\n

Larry Kudlow, Trump’s top economic adviser said on Sunday that he is among those expecting a reaction from China. But so far “the expected countermeasures haven’t yet materialized,” Kudlow said<\/a> on Fox News Sunday. “I reckon they will. We’ll see what they come up with.”<\/p>\n

President Trump had struck a genial tone in tweets<\/a> on Friday, calling the talks “candid and constructive.” But he struck a very different note Saturday, when he came out swinging at a number of targets.<\/p>\n

“I think that China felt they were being beaten so badly in the recent negotiation that they may as well wait around for the next election, 2020, to see if they could get lucky & have a Democrat win – in which case they would continue to rip-off the USA for $500 Billion a year,” he tweeted<\/a>. “The only problem is that they know I am going to win (best economy & employment numbers in U.S. history, & much more), and the deal will become far worse for them if it has to be negotiated in my second term. Would be wise for them to act now, but love collecting BIG TARIFFS!”<\/p>\n