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China to cut import tariffs on wide range of products
Reuters ^ | SEPTEMBER 30, 2018 | Reuters

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 ...


TOPICS: Breaking News; Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: 2018election; 2020election; boycotts; china; chine; chinese; election2018; election2020; gemstone; gemstones; import; imports; importtariffs; metals; mineral; minerals; paper; products; sanctions; steel; tariff; tariffs; textile; textiles; trade; trump; trumpwinsagain; winning; wood
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To: JME_FAN

Nice... Trump wins again...


41 posted on 09/30/2018 7:41:46 PM PDT by Deplorable American1776 (Proud to be a DeplorableAmerican with a Deplorable Family...even the dog is, too. :-))
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To: JME_FAN

Is anyone sick of winning yet?
Thank you, Mr President!!!
DJT is MY President!!!! MAGA lives !!!


42 posted on 09/30/2018 7:42:08 PM PDT by bantam
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To: House Atreides

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.


43 posted on 09/30/2018 8:33:11 PM PDT by arrogantsob (See "Chaos and Mayhem" at Amazon.com)
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To: BeauBo

You are not analyzing the numbers correctly. It is the relative number not the absolute number which tells the story.

See above.


44 posted on 09/30/2018 8:36:22 PM PDT by arrogantsob (See "Chaos and Mayhem" at Amazon.com)
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To: JME_FAN

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”!


45 posted on 09/30/2018 8:43:34 PM PDT by MadMax, the Grinning Reaper
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To: JME_FAN
WINNING!!!

46 posted on 09/30/2018 10:14:21 PM PDT by Chode ( WeÂ’re America, Bitch!)
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To: arrogantsob

“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


47 posted on 09/30/2018 10:29:02 PM PDT by BeauBo
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To: JME_FAN

I told you so.


48 posted on 10/01/2018 4:25:23 AM PDT by vannrox (The Preamble to the Bill of Rights - without it, our Bill of Rights is meaningless!)
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To: BeauBo

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.


49 posted on 10/01/2018 10:10:10 AM PDT by arrogantsob (See "Chaos and Mayhem" at Amazon.com)
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To: JME_FAN
It's a start. And when did GHWB, Clinton, George Jr., Obama get such concessions? When did they even try? Oh right, never. The hits just keep on coming from a non-politician with know-how, negotiation prowess, and cojones. Even NATO is succumbing to his will to pay for their own defense.

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.

50 posted on 10/01/2018 1:55:14 PM PDT by A Navy Vet (I'm not Islamophobic - I'm Islamonauseous. Plus LGBTQxyz nauseous.)
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To: A Navy Vet

I wish all the leftists / socialists would in fact “shoot themselves” - and save us the trouble.


51 posted on 10/03/2018 7:31:01 AM PDT by JME_FAN (If you lived here, you'd be home by now.)
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