Tear Riariffs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And the president is true to his word and imposes tariffs on $500 billion worth of chinese exports, then that's a real possibility. the retaliation will be enormous. the impact on global trade would be devastating. you heard the report where the white house says, this is a good time to do this. the economy is strong. what that is acknowledging is this is a bad idea. it will hurt economic growth. we can take it at the moment. but we can't take it forever. >> you can't -- we know this is a president who is not going to back down. >> i think there has to be a strategy that says, look, we want thi...

Could lead to a smaller gm forcing gm to cut jobs or raise prices by thousands of dollars. toyota speaking out saying the tariffs could make the camry $1,800 more expensive. all of this is culminating to this friday. this is sort of d day, the day u.s. tariffs on $34 billion worth of chinese goods goes into affect in beijing. guess what, they are expected to retaliate. that's the first phase of u.s. tear riariffs on china. another $16 billion is under review. that's why you are seeing stocks under pressure right now on wall street. investors are worried a trade war will slow u.s. economic grow...