China to cut import tariffs on wide range of products

[The Purge]

Is this Winning? I mean after all the Libs saying The Chinese would not budge, but..... they did! Good work President Trump.....It is a START but wait until Trumps FULL TARIFFS hit China....capitulation is a MUST!!!...China blinks! Just as Trump hinted last night

BEIJING (Reuters) - China will cut import tariffs on textile products and metals, including steel products, to 8.4 percent from 11.5 percent, effective Nov. 1, the finance ministry said on Sunday.

(Excerpt) Read more at reuters.com ...

 

[airplanemechanic]

Of course they budge. They need us, we don't need them.

 

[theHawk]

Exactly as I predicted, just like with the EU.

 

[eagle1462010]

The market is here...............3.5 trillion a year................we have serious leverage.

 

[deanrd]

USMB Republicans say "we" as if they are included.

Trump and the GOP makes money for Trump and the GOP.

The pay gap won't narrow.

And any excuse to cut taxes on billionaires.

If anything, more automated jobs.

Uneducated Republicans will still be uneducated, will still be paid minimum wage if they even have a job, and will still need healthcare and food stamps.

 

[Missourian]

The market is here...............3.5 trillion a year................we have serious leverage.

Except half the population are brain damaged idiots rooting for China.

 

[SassyIrishLass]

USMB Republicans say "we" as if they are included.

Trump and the GOP makes money for Trump and the GOP.

The pay gap won't narrow.

And any excuse to cut taxes on billionaires.

If anything, more automated jobs.

Uneducated Republicans will still be uneducated, will still be paid minimum wage if they even have a job, and will still need healthcare and food stamps.

Derp runs around the forum flapping his arms squawking republicans republicans !!!

EU soybean imports from the US up by 33%...more winning

 

[idb]

China on Wednesday took a major backward step in its trade war with the US, announcing it would cut import tariffs on numerous non-American goods.

The cuts, most likely designed to protect Chinese consumers against the escalating conflict with the Trump administration, go into effect on November 1.

Products affected by the cuts include electrical equipment, machinery, and textiles, the Chinese state cabinet said.

The cuts in tariffs were expected to save Chinese consumers and businesses something in the order of 60 billion yuan ($US8.7 billion), according to Reuters, which cites Chinese state radio.

One consequence of the cuts is that China’s overall tariff level will be reduced to 7.5% at the end of 2018, from 9.8% last year, the state cabinet said, according to Reuters.

As well as protecting Chinese consumers, the move was also likely to act as an incentive to stop citizens from buying US goods. By cutting tariff levels on non-US goods while increasing them on American imports, China is effectively steering its consumers away from such items, something that could hurt the US.

Earlier this year, the Chinese government cut its auto-import tariff to 15% from 25%, but just weeks later increased its tariff on US auto imports to 40%. The move boosted imports of Japanese and European autos.
China takes a backward step as it braces for the impact of Trump's trade war

 

[deanrd]

USMB Republicans say "we" as if they are included.

Trump and the GOP makes money for Trump and the GOP.

The pay gap won't narrow.

And any excuse to cut taxes on billionaires.

If anything, more automated jobs.

Uneducated Republicans will still be uneducated, will still be paid minimum wage if they even have a job, and will still need healthcare and food stamps.

Derp runs around the forum flapping his arms squawking republicans republicans !!!

EU soybean imports from the US up by 33%...more winning

You didn't refute a thing I said. Oh wait, I got that wrong, you COULDN'T refute a thing I said. Try again:

USMB Republicans say "we" as if they are included.

Trump and the GOP makes money for Trump and the GOP.

The pay gap won't narrow.

And any excuse to cut taxes on billionaires.

If anything, more automated jobs.

Uneducated Republicans will still be uneducated, will still be paid minimum wage if they even have a job, and will still need healthcare and food stamps.

 

[deanrd]

This is all within the last week:

Trump said soybean prices have gone up. They're near decade-lows. | Markets Insider

Farmers fear China will never return to the US soybean market

Damaged soy crop hits farmers reeling from U.S.-China trade war | Reuters

Escalating trade war will increase damage to US soybean farmers

China Warns Iowa Soybean Farmers Of “President’s Folly” In 4-Page US Newspaper Ad

Look at that last one. You gotta wonder if they are mocking Trump.

 

[skye]

I'm getting a bit sick of China and her greediness.....if you want the truth that's how I feel

I'm sick of China expansionism.

Stay where you are. China you have plenty Ok?

My.....what a nerve...

 

[theHawk]

USMB Republicans say "we" as if they are included.

Trump and the GOP makes money for Trump and the GOP.

The pay gap won't narrow.

And any excuse to cut taxes on billionaires.

If anything, more automated jobs.

Uneducated Republicans will still be uneducated, will still be paid minimum wage if they even have a job, and will still need healthcare and food stamps.

Gawd, put a cork in it.

 

[SassyIrishLass]

This is all within the last week:

Trump said soybean prices have gone up. They're near decade-lows. | Markets Insider

Farmers fear China will never return to the US soybean market

Damaged soy crop hits farmers reeling from U.S.-China trade war | Reuters

Escalating trade war will increase damage to US soybean farmers

China Warns Iowa Soybean Farmers Of “President’s Folly” In 4-Page US Newspaper Ad

Look at that last one. You gotta wonder if they are mocking Trump.

Missed EU imports are up 33% didn't ya....


Now think hard

 

[theHawk]

This is all within the last week:

Trump said soybean prices have gone up. They're near decade-lows. | Markets Insider

Farmers fear China will never return to the US soybean market

Damaged soy crop hits farmers reeling from U.S.-China trade war | Reuters

Escalating trade war will increase damage to US soybean farmers

China Warns Iowa Soybean Farmers Of “President’s Folly” In 4-Page US Newspaper Ad

Look at that last one. You gotta wonder if they are mocking Trump.

Look who is gobbling up Chinese propaganda. You Mao lovers are disgusting.