Posted on 12/26/2018 7:37:54 AM PST by PJ-Comix
It's probably one of the biggest business stories right now that you haven't heard about both because the mainstream media has downplayed it and because the reports came just the public's attention was captured by last minute Christmas Eve shopping . And if you are aware of it, you haven't seen the name of a certain president who was instrumental in making it happen. So what is it?
China announced that it is cutting or eliminating tariffs on 700 of their export items. And why did the Chinese do that? Was it out of the kindness of their hearts? Or was it because a certain president applied pressure upon them which the MSM denounced as a trade war?
First let us look at the Bloomberg December 24 report which is notable by the absence of a certain president whose name they dare not mention, "China Cuts Tariffs on More Than 700 Goods Amid Open-Trade Drive."
(Excerpt) Read more at newsbusters.org ...
Good economic news? Better raid the stock market again... oh, wait.. they are.
Good job. Steve sounds drunk.
And if you are aware of it, you haven’t seen the name of a certain president who was instrumental in making it happen. So what is it?
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They didn’t want to brag about obama, the one who made this great economy possible. Yeah, that’s it.
The Chinese call him Donald The Strong.
He is both feared and respected.
The Chinese laughed at Bush, Obozzo and Clinton. No longer do they laugh at the USA
It’s called WINNING!
“China announced that it is cutting or eliminating tariffs on 700 of their export items.”
China has tariffs on the items they export? Did you mean imports, or am I just not seeing something?
“700 of their export”
Really?
I suspect the author does not know what he is talking about.
The majority of large financial institutions on Wall Street are run by Democrats, contrary to popular opinion. (For evidence, observe that the strong majority of political contributions from these institutions are given to them.)
Therefore, a lot of the recent precipitous plunge in the stock market is politically motivated and is aimed at undermining Trump's popularity.
This is a very poorly worded article. They are cutting tariffs on IMPORTED items, not exports. They get it right a few paragraphs down.
Oops! Thanx. Corrected.
Oh what crap. If thats the case, why did the stock market rocket upwards during Trump’s first year?
Thanks for the ping...
The stock market reacted today to the news of China cutting most of its tariffs on imports by soaring to the highest one day gain in the Dow Jones.
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