China Responds Against Soybeans, Pork After US Slaps Tariffs on Chinese Technology: Leaders from the American Soybean Association could only respond in dismay Friday after President Donald Trump announced he was going ahead with $34 billion in tariffs against Chinese technology products because China wasted little time Friday imposing a 25% tariff on U.S. soybeans and other agricultural products.
The Trump administration announced Friday morning that it would place a 25% tariff on goods that contain "industrially significant technologies." These include products under China's "Made in China 2025" strategy. The U.S. can no longer tolerate losing technology and intellectual property to unfair economic practices, the White House stated. The administration also said it was preparing tariff lines on another $16 billion in Chinese goods that would be announced later this summer.
Saturday, June 16, 2018
All Things Real Estate: Disclosure challenge requires unlikely scenario: Q: We sold our house in late 2016. We used a real estate agent and the whole process went pretty smoothly. Today we got a letter from two people we’ve never heard of demanding that we pay $18,500 to them for repairs to the house. Apparently the people we sold the house to have resold it to this couple and now they’re demanding money from us for failing to disclose problems with the foundation. We never knew the house had foundation problems and, even if we did, these aren’t the people we sold the house to. How can somebody we’ve never even met sue us for failing to disclose something to them?