Trump Imposes 25% Tariff on Chinese-Made Trump Brand Products
By
The Onion Staff
A second-rack bagel that's nearly first-rack. Tasty stuff.
Summary
President Donald Trump signs an executive order imposing a 25% tariff on authorized Trump-branded products made in China, aiming to bring manufacturing jobs back to the U.S. and prevent foreign-made campaign merchandise from flooding American markets. The move targets his own organization's retail stores that import goods from China.
Key quotes
· 4 pulledPresident Donald Trump signed an executive order Friday imposing an additional 25% tariff on authorized Trump products made in China.
In an attempt to stop U.S. markets from being flooded with foreign-made campaign merchandise and other licensed items promoting his brand.
The new tariff makes good on the president's long-running promise to bring manufacturing jobs back to the United States.
The hope, advisors said, was that more of the Trump Store's goods would be manufactured domestically rather than imported from China.
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