Trump threatens tariffs on all $500 billion of Chinese imports [Reuters]
Comcast Corporation - Class A (CMCSA)
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Source: Reuters
Trump threatens tariffs on all $500 billion of Chinese imports | Reuters 3 Min Read WASHINGTON (Reuters) - President Donald Trump said he was ready to impose tariffs on all $500 billion of imported goods from China, remarks that sent the U.S. stock market and dollar retreating and threatened to escalate a trade clash with the Asian giant. “We’re down a tremendous amount,” Trump said in an interview about trade imbalances with China on CNBC broadcast on Friday. “I’m ready to go to 500.” His remarks worried investors already grappling with the impact of a strengthening dollar on corporate results, and key stock indexes on Wall Street dropped at the open on Friday. Around $505 billion of Chinese goods came into the United States in 2017, leading to a trade deficit of nearly $376 billion, U.S. government data shows. The magnitude of the imbalance has continued into 2018, with Chinese imports totaling $205 billion in the first five months of the year and the deficit reaching $152 billion.
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CMCSA
Earnings
- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website