FBN’s Deirdre Bolton: U.S. Rejects China’s Request for a Tariff Delay; China to File Lawsuit

RUSH EXCERPT:

BOLTON: “Markets are down across the board. Between the U.S. China trade war and disappointing manufacturing report. Tariffs on $112 billion on Chinese goods take effect on Sunday. Our souths say the U.S. Rejected China’s request for a tariff delay. Hillary Vaughn is at the White House.”

VAUGHN: “China says they will formally file a lawsuit against the United States through the world trade organization in direct response to the latest round of tariffs that took effect on 150 different Chinese imports. A spokesperson for the Chinese commerce ministry violates quote China’s rights and interests. We urge the U.S. To stop abusing the concept of national security. It is deliberate smearing and accusations against China and oppression against Chinese companies. The president said the China cannot afford to carry burden of tariffs much longer, tweeting this. We’re doing very well in the negotiations with China. I’m sure they would love to deal with a new administration so they can continue their practice rip off usa, 16 months plus is a long time to hemorrhage jobs and companies on a long shot.”