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Transcripts For DW Business - News 20180822 01:02:00

Hit lists. Among the Two Hundred Billion dollars worth of chinese goods the u. S. Is planning to tax next are babies car seats and bicycles. As a Hearing Taking place inside this building in washington american businesses had a chance to express their opinion of their governments trade spat with china. Weve encouraged them strongly encourage them to negotiate with china not to just you know throw a tariff walls going to for tat. Some american businesses even fear theyll be affected by both chinese and u. S. Tariffs. We have some members that are finding out that the yarns in fabrics that shipped to china are going to be subject to a twenty five percent tariff and then the finished products they shipped from china back United States are going to be subject to twenty five percent or so theyre getting taxed twice and th ....

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Detailed text transcripts for TV channel - DW - 20180822:01:04:00

Getting taxed twice and that s not good not good also describes the chances of a breakthrough a trade talks set to take place between china and the us from thursday u.s. president donald trump says he doesn t expect much ask for china. we hope to actually result during the trade talks. but as you know we normally don t like to make any comments before the actual negotiations we help both sides can sit down quietly and dedicate themselves to achieving a good result on the basis of the parish transferred to the country to hold that it would. but those talks will take place on the same day as the two countries impose a further sixteen billion dollars worth of tariffs on each other hardly a foundation for trust. meanwhile the dollar has dipped after us president donald trump lashed out at the federal reserve s moved. woods tightening monetary policy trump said he was quote not thrilled with the rate hikes chairman jerome powell has ....

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