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China gives USA a list of products that's valuable to them from the USA. Bessent Responds
Posted on 4/28/25 at 12:09 pm
Posted on 4/28/25 at 12:09 pm
Let's see...
- China unilaterally lowers tariffs.
- Sends a list of things they NEED from the USA.
Bessent responds
- China unilaterally lowers tariffs.
- Sends a list of things they NEED from the USA.
Bessent responds
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Posted on 4/28/25 at 12:16 pm to BCreed1
If Scott Bessent had no qualms about destroying the pound sterling, what do you think he'd do to china?
Posted on 4/28/25 at 12:19 pm to BCreed1
quote:
China gives USA a list of products that's valuable to them from the USA. Bessent Responds
BCreed1
Let's see...
- China unilaterally lowers tariffs.
- Sends a list of things they NEED from the USA.
Bessent responds
Posted on 4/28/25 at 12:19 pm to BCreed1
The biggest value item they purchase from us is soybeans/corn/wheat. And in the past decade they have been moving more to Brazil and Argentina for that.
They buy a decent amount of airplanes, and some semi conductors.
As a whole they don't buy much from us that they can't get somewhere else. It's really not about balancing the trade. That would be impossible.
They buy a decent amount of airplanes, and some semi conductors.
As a whole they don't buy much from us that they can't get somewhere else. It's really not about balancing the trade. That would be impossible.
Posted on 4/28/25 at 12:21 pm to BCreed1
I was told by Seldom Seen Chyna isnt negotiating with us
Posted on 4/28/25 at 12:23 pm to NC_Tigah
Posted on 4/28/25 at 12:23 pm to No Colors
quote:
soybeans/corn/wheat
Hey India, no tariffs for you if you don't put tariffs on these items.
Posted on 4/28/25 at 12:23 pm to BCreed1
I'm sure China never expected the US to use that list in that way. It was definitely not some kind of set up.
Posted on 4/28/25 at 12:24 pm to No Colors
quote:
The biggest value item they purchase from us is soybeans/corn/wheat. And in the past decade they have been moving more to Brazil and Argentina for that.
So that means Brazil and Argentina (less so) would just clear some more rain forest to supply them?
or we could just supply the countries that Brazil and Argentina cut off
Posted on 4/28/25 at 12:30 pm to No Colors
quote:
The biggest value item they purchase from us is soybeans/corn/wheat. And in the past decade they have been moving more to Brazil and Argentina for that.
I remember reading that Russia supplies the wheat to China that the West used to supply.
Posted on 4/28/25 at 2:08 pm to NC_Tigah
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