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So has Trump gotten China to bend the knee on trade yet?
| green new version | 05/22/18 |
| green new version | 05/22/18 |
| fragrant office | 05/22/18 |
| green new version | 05/22/18 |
| fragrant office | 05/22/18 |
| green new version | 05/22/18 |
| godawful crystalline stag film ape | 05/22/18 |
Poast new message in this thread
Date: May 22nd, 2018 7:31 AM Author: green new version I thought all he had to do was ask?
https://mobile.nytimes.com/2018/05/21/us/politics/trump-trade-china.html?action=click&module=Top%20Stories&pgtype=Homepage |
Date: May 22nd, 2018 7:57 AM Author: green new version Trumpmos please advise (http://www.autoadmit.com/thread.php?thread_id=3983557&forum_id=2#36103010) |
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Date: May 22nd, 2018 8:02 AM Author: fragrant office Yes, actually
https://www.zerohedge.com/news/2018-05-22/china-unexpectedly-slashes-auto-tariffs-after-trump-trade-truce |
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Date: May 22nd, 2018 8:05 AM Author: green new version And all Trump had to do was unilaterally back down and suspend all the proposed tariffs first?
US tariffs on imported cars are 2.5%, by the way. China reduced then to...15% LJL
"The drop “is a significant reduction, but it really won’t have much of an effect” on where automakers assemble vehicles, said James Chao, the chief Asia auto analyst at IHS Markit."
By cutting the tariff on imported car parts more than on imported cars, China may actually strengthen its role as the world’s largest car-assembling nation.
Lower tariffs on imported components will make it more attractive for global manufacturers to do much of their final assembly in China, since they will not have to pay as much to import high-tech parts made elsewhere. Cementing China’s role as the leading country for car assembly will help Beijing move the economy toward more sophisticated industries that can provide well-paid jobs for an increasingly well-educated population. Through a process Chinese officials call supply-side reforms, they hope to close older, smokestack industries that offer little more than low wages and high pollution. |
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Date: May 22nd, 2018 8:09 AM Author: fragrant office Tbh I didn’t read the article. I guess trump is dumb and we need open borders. (http://www.autoadmit.com/thread.php?thread_id=3983557&forum_id=2#36103042) |
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Date: May 22nd, 2018 8:11 AM Author: green new version Why can't we have lower immigration without a buffoon president with negroid levels of impulse control?
"By cutting the tariff on imported car parts more than on imported cars, China may actually strengthen its role as the world’s largest car-assembling nation.
Lower tariffs on imported components will make it more attractive for global manufacturers to do much of their final assembly in China, since they will not have to pay as much to import high-tech parts made elsewhere. Cementing China’s role as the leading country for car assembly will help Beijing move the economy toward more sophisticated industries that can provide well-paid jobs for an increasingly well-educated population. Through a process Chinese officials call supply-side reforms, they hope to close older, smokestack industries that offer little more than low wages and high pollution." |
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Date: May 22nd, 2018 8:12 AM Author: godawful crystalline stag film ape "Tbh I have no idea what we are talking about.
But here is a snarky strawman."
- Honest Trumpenprole |