Trump administration considering sanctions over Chinese hackers

Trump administration considering sanctions over Chinese hackers

President TrumpDonald John TrumpTrump: Lincoln's Gettysburg Address was ridiculed by the "fake news" Trump thanks North Korea's Kim for promise to denuclearize during his tenure No NFL players visibly kneel during season opener MORE most recently on Friday threatened to impose another $267 billion in tariffs on Chinese products, on top of $200 billion in tariffs he promised one day earlier. China is promising to retaliate if the White House moves ahead with the new tariffs.

"The $200bn we are talking about could take place very soon depending on what happens with them". "And I hate to say that, but behind that, there's another US$267 billion ready to go on short notice if I want".

"That totally changes the equation", Trump said.

Trump has already imposed 25 percent tariffs on $50 billion worth of Chinese goods, mostly industrial machinery and intermediate electronics parts, including semiconductors.

Stocks dipped after the comments, with the S&P500 off 0.2 percent.

Some Chinese exporters say USA orders have declined, but Chinese leaders express confidence the economic impact will be modest.

First photos of Brie Larson as Captain Marvel released
Her suit is visible in all its glory on both the cover and in a still from the film, the latter of which you can see above. In addition, Lee Pace will be reprising his role as Ronan from Guardians Of The Galaxy .

Trump did not indicate whether the office of the US Trade Representative (USTR) had reached a decision regarding the rate of taxation of the latest round of tariffs, originally proposed at 10 per cent.

The Nasdaq 100 Index capped its worst week since March as Apple slumped on its warning that the Trump administration's musing over levying virtually everything imported from China would hit a broad range of its products. But 2018 imports from China through July were up almost 9 percent over the same period of 2017, according to U.S. Census Bureau data.

"An escalation of the tariff war could start to sever or disrupt supply chains, bringing about diminished production efficiency, higher costs and lost competitiveness - ultimately leading to a lower potential growth rate for both countries", analysts at S&P Global Ratings wrote on Wednesday.

"The Chinese aren't paying these tariffs, American families are going to pay these tariffs".

Kudlow, who heads the National Economic Council, told CNBC the administration was still talking with China about trade issues but so far China had not met USA requests. Among the equipment hit were a number of components and devices used by United States tech firms, including chips and networking gear produced in Chinese factories. "However, hope springs eternal".

Related Articles

  • Tiger Woods, McIlory lead BMW Championship

    This is the first time Woods has shared a PGA Tour lead after any round since capturing the 2013 WGC-Cadillac Championship. Another birdie at the first hole, his 10th, took Woods to seven under. "Just the way it goes".
    Shahid, Mira feel complete with arrival of 'Zain'

    Shahid, Mira feel complete with arrival of 'Zain'

    Not only this, Shahid also gave a sweet surprise too wifey Mira in the hospital as he ordered a customized cake for her. With a tweet posted in the afternoon, Shahid announced that he and Mira have made a decision to name their son Zain.
    Special counsel Robert Mueller to accept some written answers from Trump

    Special counsel Robert Mueller to accept some written answers from Trump

    But they have dangled written answers as a possibility, and Mueller's team appears receptive to it as an interim measure. Lindsey Graham reacts to the Mueller report, Kavanaugh proceedings and McCain's successor.
  • Elon Musk puffs on marijuana joint during live interview

    Elon Musk puffs on marijuana joint during live interview

    Rogan asked Musk about The Boring Company, which Musk said started as a " joke ", mostly borne out of his desperation to fix L.A.'s notoriously bad traffic problem.
    Russian air strikes pound Syria's Idlib before key summit

    Russian air strikes pound Syria's Idlib before key summit

    Trump will chair a UN Security Council meeting on Iran during an annual gathering of world leaders in NY later this month. Russian Federation has suggested the rebels could use chemical weapons in a final battle for the rebel stronghold.
    'That's Not Journalism, That's Clickbait': Gutfeld Slams Anonymous NYT Op-Ed

    'That's Not Journalism, That's Clickbait': Gutfeld Slams Anonymous NYT Op-Ed

    Ben Sasse of Nebraska - a frequent critic of the president - said the views in the op-ed were "not surprising". Trump posted another statement from White House chief of staff John Kelly. "So, well done, New York Times ".
  • Nadal vs del Potro, Djokovic vs Nishikori in US Open semis

    Nadal vs del Potro, Djokovic vs Nishikori in US Open semis

    Nadal said he "hated retiring" but was in "too much pain" to continue the defence of his US Open title. This is my favourite tournament, my biggest memories on a tennis court came on this court in 2009.
    Four Dead, Including Gunman, Dead in Cincinnati Bank Shooting

    Four Dead, Including Gunman, Dead in Cincinnati Bank Shooting

    Isaac also said the suspect had a criminal record - all misdemeanors - in Cincinnati , as well as in SC and Palm Beach, Fla. Police have not been able to determine a motive for what drove Perez to open fire at the Fifth Third Bank headquarters.
    Ancient Torah Scrolls Spared in Devastating Rio Museum Fire

    Ancient Torah Scrolls Spared in Devastating Rio Museum Fire

    With so little money and no way to modernize the building-which was built in 1803-the museum's curators feared for their exhibits. Aerial photos of the main building showed only heaps of rubble and ashes in the parts of the building where the roof collapsed.
  • Turmoil at Tesla as executives leave and shares tumble

    Turmoil at Tesla as executives leave and shares tumble

    The Securities and Exchange Commission reportedly served Tesla with a subpoena on August 15 about Musk's intentions. Elon Musk smoked dagga and drank whisky in a live interview conducted by comedian Joe Rogan on Thursday.

    Megyn Kelly calls New York Times op-ed writer a 'coward'

    Trump described the writer of the opinion piece as someone "probably who is failing and probably here for all the wrong reasons". The New York Times says the article was written by a senior official in the Trump administration .
    Apple Watch Series 4 Tipped to Sport Larger, Higher Resolution Display

    Apple Watch Series 4 Tipped to Sport Larger, Higher Resolution Display

    The new iPhones will feature OLED displays and a new gold finish on the stainless steel sides. It's thought these more exciting colors will only be available with the 6.1-inch iPhone .