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New tariffs on China pose major risk for Trump | TheHill

posted onMay 10, 2019
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Article snippet: Punishing tariffs ordered by MORE are set to go into place Friday on Chinese goods, escalating a high-stakes battle with major risks for the economy and his reelection. GOP lawmakers have been pressuring Trump to get a deal with China that would lower tariffs hurting U.S. farmers and manufacturers, but their complaints have failed to move the president or yield progress in talks with Beijing. After months of touting progress toward a final deal, Trump is set to take a different tack on Friday, when tariffs on $200 billion in Chinese imports will rise from 10 percent to 25 percent, a move Trump said is necessary to hold China to previous commitments. “We were getting very close to a deal, then they started to renegotiate the deal,” Trump told reporters Thursday. “We can’t have that.” Republicans have been broadly in favor of Trump’s crackdown on China’s alleged theft of U.S. intellectual property, market manipulation and other trade barriers. But some GOP lawmakers are growing impatient and frustrated by the steep toll of Trump’s trade war, more than a year after the president called such conflicts “good and easy to win.” Those frustrations are most acute in farm states that have borne the brunt of China’s retaliatory tariffs on U.S. agricultural goods, and that poses a risk to Trump’s reelection strategy, particularly in Midwestern states. "A lot of farmers have said to me, it's hurting us temporarily. But the president's doing the right thing because you can't l... Link to the full article to read more

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