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US, China agree to abandon trade war: Beijing

https://www.yahoo.com/news/us-china-agree-abandon-trade-war-beijing-043915337.html

"There was a consensus on taking effective measures to substantially reduce the United States trade deficit in goods with China," the joint statement said.

"To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services."

178 posted on 05/20/2018 9:00:14 AM PDT by TruthWillWin ([MSM])
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To: TruthWillWin
"To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services."
People need to look at where their auto parts are made.
Automotive Parts Exports and Imports,(PDF). Mexico - 38T, Japan - 17T, Canada - 16T, China - 14T
Get China to buy Mexican parts and we'll build our own again with a potential export market as well.
Any nation that can't produce their own goods, in a military sense, has a problem.

That's part of the reason America was slow to the start in WWII.
Production Miracles

This country which we love is producing all-out for war. At first there was only a trickle, then it became a mighty stream, and now it is a deluge [an overwhelming amount] of ships, planes, tanks, and guns roaring down the assembly lines of America.

What happens when vehicles break down and you can't replace parts?
What goods are they going to purchase?

Foreign Products with the Most Promise in the China Market

Finally, where local brands are not trusted due to quality concerns, Chinese are willing to pay a hefty premium for foreign substitutes. This is especially true with things like baby milk powder, toothpaste, and just about any items that are ingested.
Note the number of food related items.
197 posted on 05/20/2018 9:36:26 AM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
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