Posted on 11/11/2019 6:39:47 PM PST by E. Pluribus Unum
Wall Street investors, U.S. farmers and Chinese officials will be among those listening closely to President Trump’s speech at the Economic Club of New York on Tuesday for signs of whether he intends to make concessions to Chinese demands for a rollback of tariffs.
The White House sent mixed signals about China’s announcement last week that the two countries had agreed to an easing of tariffs in their 16-month-old trade war, but Secretary of State Mike Pompeo said Monday that the talks are creating reason for optimism.
“We’ve made real progress,” Mr. Pompeo told WCSC-TV in South Carolina. “I hope we get the first part of the deal done with China in the next handful of weeks.”
Mr. Trump said over the weekend that negotiations were moving along “very nicely” but dismissed reports that he has agreed to lift tariffs on Chinese products by a certain level.
“The reports were incorrect. If it’s not a great deal, I won’t make it,” the president told reporters. “China very much wants to make a deal. They’re having the worst year they’ve had in 57 years. Their supply chain is all broken, like an egg.”
A White House official said Mr. Trump will address trade with China in his speech but didn’t divulge details.
Amid the conflicting reports of mutual tariff relief, Zoom Telephonics Inc., a producer of cable modems and other communication products, said Monday that the Office of the U.S. Trade Representative denied the last of the company’s requests for tariff exemptions for its products made in China. The company said it plans to transfer manufacturing of the vast majority of its products out of China and mostly to Vietnam.
(Excerpt) Read more at washingtontimes.com ...
Don’t relent Mr President, don’t feed the monster.
Hmmm, and awful lot of goods are still being exported to the U.S.
Someone is feeding you a line of B.S.
When waged war is attaining success, do no call a cease fire and let the enemy regroup.
Did we learn nothing from Vietnam?
Keep the pressure on until the Chinese no longer pose a global threat.
Let’s see their military outreach return home.
We really have No idea how damaged the Chinese supply chain is or how poorly their economy is doing since everything they do is concealed from the press and their own people.
I hope President Trump doesn’t fall for any Chinese tricks like we have been doing since the 1990’s.
Cease fire when organ harvesting of prisoners stops.
Zoom Modems are still around? They were cheap, fast and flaky in their heyday in the ‘80s. Mainly for folks who could afford Hayes or U.S. Robotics.
Keep raising tariffs until the Trade Deficit is zero.
We can work out a trade deal in some areas, but in others, we still need to bring more industries back to the US.
Have you seen the choices at Amazon.com or Walmart, or Target, or even eBay lately? How about the dollar stores - of which there are TOO MANY. Bunch of Chinese manufactured imports have been dumped into our economy.
The tariffs worked? Can’t tell by the items you can happily purchase at your favorite (maybe) neighborhood stores.
Sorry, I don’t believe this one.
Keep raising tariffs until the Trade Deficit is zero.
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Works for me!
Wait for it . . . wait for it . . .
About six months before the election would be about right.
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