- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
China Cutting Tariffs Just Weeks After Trump’s Asia Trip
Posted on 12/15/17 at 10:32 am
Posted on 12/15/17 at 10:32 am
quote:
LINK
Following President Donald Trump’s recent trip to Asia, China has released a long list of dramatic tariff cuts on a range of imported consumer goods. In fact, over 200 different products will see an average reduction of approximately 10 percent.
U.S. cheese exporters have been particularly vocal about the importance of China lowering tariffs. Demand for dairy products has been growing rapidly in China—by 100,000 metric units over the past decade—and the U.S. dairy industry could benefit from greater access to the Chinese market.
Tom Vilsack, president and chief executive of the U.S. Dairy Export Council, also highlighted the diplomatic benefits of the cuts, noting that the process will “cultivate trust and build critical relationships between the U.S. dairy industry and Chinese official institutions.”
Beyond the U.S. dairy industry, many multinational corporations with household names in America will see major financial gains.
Nestle could see an approximate sales increase of 15 percent, or $18.7 billion, as a result of the tariff cuts. Procter & Gamble Co., an American company that manufactures products for brands like Tide and Gillette, will see tariff reductions on items ranging from diapers to electronic toothbrushes.
China’s unilateral decision to cut tariffs, however modest, should prove beneficial for its major trading partners, including the United States. The cuts will also benefit the people of China, allowing them greater access to a variety of products at more competitive costs.
The Index of Economic Freedom, published annually by The Heritage Foundation, examines 12 factors of economic freedom, including trade freedom. While China’s average applied tariff rate is just 3.2 percent, import tariffs vary drastically from product to product across the Chinese economy, and often result in costly barriers for foreign companies.
Posted on 12/15/17 at 10:39 am to Prince_Hakeem
Someone downvotes my article because these are concessions Obama never could get out out of China.
Posted on 12/15/17 at 10:42 am to Prince_Hakeem
quote:
Someone downvotes my article because these are concessions Obama never could get out out of China.
Even I gave you an up-vote, I would say more importing to China will push up goods' prices and it is not good for U.S consumers.
Posted on 12/15/17 at 10:43 am to Prince_Hakeem
quote:
because these are concessions Obama never could get out out of China
yeah good point
except of course for the fact that these follow several other unilateral chinese tariff cuts that have been going on since 2015
but yeah, i'm sure all these unilateral cuts are a result of a deal, just like unilateral things usually are
Posted on 12/15/17 at 10:47 am to 90proofprofessional
Yeah just so happened it’s right after a visit from Trump. I’m sure it had nothing to do with Trumps tough talk on trade.
Posted on 12/15/17 at 10:49 am to Prince_Hakeem
Post hoc ergo propter hoc.
The most beautiful logical fallacy ( and Trump’s favorite)
The most beautiful logical fallacy ( and Trump’s favorite)
Posted on 12/15/17 at 10:51 am to Prince_Hakeem
quote:
Yeah just so happened it’s right after a visit from Trump.
for the second time in this thread, this has been going on since 2015
Posted on 12/15/17 at 10:54 am to 90proofprofessional
quote:Yes but this round of cuts follows Trump’s visit. Must be because of Trump. Like the sanctions they slapped on DPRK in February that had been long planned as part of a program of sanctions they’d been implementing since 2015 (which North Korea generally skirted).
for the second time in this thread, this has been going on since 2015
Posted on 12/15/17 at 10:56 am to Navytiger74
i mean i'm sure trump talked about this stuff when they were over there, but there's no way he or his "tough talk" is high on the list of reasons this stuff is happening
this, on the other hand, has the Trump administration's name written all over it:
Canada makes good on threat to drop Boeing fighter deal
this, on the other hand, has the Trump administration's name written all over it:
Canada makes good on threat to drop Boeing fighter deal
Posted on 12/15/17 at 10:58 am to 90proofprofessional
quote:Nah that’s bad. Can’t have anything to do with the admin.
i mean i'm sure trump talked about this stuff when they were over there, but there's no way he or his "tough talk" is high on the list of reasons this stuff is happening
this, on the other hand, has the Trump administration's name written all over it:
Canada makes good on threat to drop Boeing fighter deal
Posted on 12/15/17 at 11:36 am to Navytiger74
quote:
Post hoc ergo propter hoc.
Okay President Bartlet
You plagiarizing cuck
Posted on 12/15/17 at 11:37 am to Prince_Hakeem
Trump now owns China
Posted on 12/15/17 at 11:39 am to 90proofprofessional
quote:
i mean i'm sure trump talked about this stuff when they were over there, but there's no way he or his "tough talk" is high on the list of reasons this stuff is happening
this, on the other hand, has the Trump administration's name written all over it:
The Administration wants a level playing field for our company’s. I know that goes against the culture of the Navy leaching off taxpayers etc...
Posted on 12/15/17 at 11:50 am to Prince_Hakeem
quote:You think the phrase was invented for a television show?
Okay President Bartlet
Posted on 12/15/17 at 11:55 am to volinktown
quote:
I would say more importing to China will push up goods' prices and it is not good for U.S consumers.
Posted on 12/15/17 at 4:16 pm to Navytiger74
Of course not it’s latin Navy
Posted on 12/15/17 at 4:18 pm to Prince_Hakeem
Jug Ears didn't want them lowered, which is even worse. He was truly transforming Amerika.
Posted on 12/15/17 at 7:12 pm to Navytiger74
quote:i doubt some people will ever see how stupid this is.
Post hoc ergo propter hoc.
The most beautiful logical fallacy ( and Trump’s favorite)
bad economy under obama? bush's fault
new economic optimism under trump? obama did it.
if this has been going on since 2015, then why hasn't it already happened? this happening RIGHT AFTER trump's visit? coincidence.
and here's another point, it's not like there hasn't been LOTS of other economic progress in the last several months. but obama did all that too.
i'm still trying to figure out how someone can be technically smart but so ignorant about obvious things. it honestly seems like a mental condition. there's a part of the brain that just doesn't work right.
Posted on 12/15/17 at 7:14 pm to Navytiger74
quote:
Post hoc ergo propter hoc.
The most beautiful logical fallacy ( and Trump’s favorite)
So black...so angry
Posted on 12/15/17 at 7:20 pm to 90proofprofessional
Trump's name is on the dispute between Bombardier and Boeing for the past 10 years?
Wow, that's an impressive reach into the last decade.
Wow, that's an impressive reach into the last decade.
Popular
Back to top
Follow TigerDroppings for LSU Football News