Do Not Doubt Trump's Tariffs On All "Made In China" Goods [Forbes]
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Source: Forbes
Do Not Doubt Trump's Tariffs On All "Made In China" Goods Donald Trump once said that if he was ever president, he would put a tax on everything China exports to the U.S. Now he is president and he is in charge of trade tariffs, not the Congress. Guess what he is going to do next? Getty Images. If you think tariffs will not be imposed on everything China exports to the United States, well...think again. They are going up. That is the best bet. Making investment decisions based on a pending trade deal is a fool's errand and not wise for the prudent investor. On Thursday, Nomura Securities gave it 65% odds that 25% tariffs on an additional $300 billion worth of Chinese goods will go into place by the third quarter. As it stands, the U.S. Trade Representative is reviewing the legalities of those tariffs and will hold public hearings on them in early June. For sure, companies heavily impacted by those tariffs like Apple, which accounts for roughly 90% of all China smartphone exports to th
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