A US trading group says it's "unrealistic" for US retailers to leave China @ Forex Factory

tweet at 5:00 pm: For many years, China (and many other countries) has been profiting from the United States for trade, intellectual property theft and more. Our country loses hundreds of billions of dollars a year for the benefit of China, without end … tweet at 17:00: … Unfortunately, previous administrations have allowed China to far ahead of fair trade and balanced to the point of becoming a heavy burden for the US taxpayer. As president, I can not allow this to happen anymore! In the spirit of achieving fair trade, we must balance this very …. tweet at 17:00: … unfair trade relationship. China should not have applied new tariffs to US $ 75 billion of US products (motivated by political considerations!). As of October 1, the 250 billion dollars of goods and products originating in China, currently taxed at 25%, will be taxed at 30% … tweet at 17:00: … In addition, the remaining $ 300 BILLION of goods and products from China, taxed at 10% from 1 September, will now be taxed at 15%. Thank you for your attention to this question!