Option Millionaires

[uranium-pinto-beans]

The Trump administration's anti- China tariffs could hit $50 billion of Chinese imports, said an individual with knowledge of the plans.
President Donald Trump is scheduled to make an announcement at 12:30 p.m. on tariffs and investment restrictions aimed at China designed to get Beijing to halt practices the U.S. believes violate U.S. intellectual property rights.
Trump officials had earlier said that the tariffs would apply to about $30 billion in Chinese imports. An accompanying report on Chinese trade practices is expected to estimate that the harm to the U.S. from improper technology transfer to Chinese firms is $30 billion annually. Beijing improperly forces U.S. firms to transfer their technology to Chinese joint venture partners as a requirement to do business in that nation, the U.S. trade officials allege.
t's not clear why the administration appears to have settled on a larger number. On Wednesday, U.S. Trade Representative Robert Lighthizer said the U.S. was using a computer algorithm it developed to decide which products to target. The U.S. is looking to restrict imports of goods that would harm Beijing , but cause relatively little harm to U.S. consumers and companies.