Here's how much money the government is making off China tariffs:
Trump is expected to decide on tariff rates for automotive imports by May 17. U.S. imports of cars and car parts from countries outside of Nafta were worth $168.5 billion in 2018. The highest reported level of duties of 25% could be imposed on cars, which would be worth $27 billion in new tariff cashflow, and on components where the tariffs could be worth $15.2 billion.
The trade war has been quiet these past few days. Some people in China, like former Chinese central bank monetary policy committee member Li Daokui, think the Trump Administration will even try to set up a new World Trade Organisation with Europe and exclude China during the 2019 meeting of the Group of 20 nations in Osaka in June. “If this happens, China will not apply to join,” Li said.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
China birth rates fall in several regions in 2018: China DailyChina's birth rate in several regions, including the capital Beijing, fell ...
और पढो »
Trump says he won’t immediately lift tariffs on China even if trade deal is reached“We’re talking about leaving them for a substantial period of time,” Trump said.
और पढो »
Airbus close to signing aircraft deal with China: sourcesEuropean planemaker Airbus is close to signing a deal worth billions of dollars ...
और पढो »
China agrees to buy 290 Airbus A320 planes, 10 A350s: French presidencyAirbus signed a deal on Monday to sell 300 aircraft to China Aviation Supplies H...
और पढो »
Mark Mobius: A different outcome in Mueller report could have emboldened China in US trade warChina probably realizes it would be difficult to impeach Trump,' the co-founder of Mobius Capital Partners says.
और पढो »
France to seal deals with China but challenge on Belt and Road projectFrance and China planned to sign trade deals worth billions of euros on Monday d...
और पढो »
Trump's victory in the Mueller probe could make him take a tougher stand in China talksWith the summary release of Robert Mueller's two-year investigation, a previously reeling Trump no longer looks as desperate for a policy win of any sort.
और पढो »
France seals multi-billion dollar deals with China, but questions Belt and Road projectFrance and China signed deals worth billions of euros on Monday, including a hug...
और पढो »
Airbus wins China order for 300 jets as Xi visits FranceAirbus signed a deal worth tens of billions of dollars on Monday to sell 300 air...
और पढो »