Posted on 09/30/2018 2:56:29 PM PDT by JME_FAN
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 ...
Nice... Trump wins again...
Is anyone sick of winning yet?
Thank you, Mr President!!!
DJT is MY President!!!! MAGA lives !!!
They have no idea that they are “fooling Trump.” Any actions will have to be gradually enough that they don’t “lose face.” Plus, disruptions to their revenue system have to be minimized.
They can’t go Cold Turkey from their addiction to the old tariff policy.
You are not analyzing the numbers correctly. It is the relative number not the absolute number which tells the story.
See above.
It’s no longer Chinese takeout. Now it’s TRUMP TAKEOUT andy you’ll love it or lump it!
Canada too. Little Comrade Fidel Trudeau just got a lesson in POWER.
Time for the Canadian people to tell Trudeau, “You’re FIRED”!
“It is the relative number not the absolute number which tells the story.”
If tariffs go from .5 % to 1%, that would be a whopping 100% increase!
And it would make virtually no difference.
Most of the trade problem with China is because of dozens of other ways that they lie, cheat and steal - not their tariffs.
We can’t match them in those other areas (illegal and immoral), but we can force a correction with tariffs
I told you so.
That is happening but it won’t be overnight. People seem to be unaware of how these things happen and what they mean. This is a MAJOR victory for Trumpism.
His Ambassador to the UN is putting them in their anti-Israel place with her every remark. Oh, and it's a woman Ambassador, but Trump is a misogynist. Just like Judge Kavenough has hired dozens of women for his court clerks and associated jobs, not to mention the dozens of women who signed on to a letter to support him.
I thought I'd die before I saw the USA become so influential again. I wonder if the USA system that has changed the World for the good and copied time and again is ever taught in schools anymore.
Bottom line: I think the socialists are shooting themselves in the foot, if not the gut with all this crap.
I wish all the leftists / socialists would in fact “shoot themselves” - and save us the trouble.
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