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Started By
Message
re: China Moves to Lower Tariffs on US Cars from 40% to 15%
Posted on 12/11/18 at 10:44 am to Jjdoc
Posted on 12/11/18 at 10:44 am to Jjdoc
quote:
Trump’s numbers are correct
and they are no longer correct. the rate they pay on imported autos, except for from us, is now 15%.
and that's exactly what they would be today if they weren't retaliating on us
you fail, again
1
Posted on 12/11/18 at 10:44 am to Jjdoc
quote:
That's 10% lower that it was. It was previously at 25% and raised in response. Because they can not sustain, they are moving it lower..... than the starting point.
I didn't know this until recently, but General Motors exports fully loaded Duramax-powered Silverados to China from Michigan.
It's a niche luxury item and costs the equivalent of $150K there.
Posted on 12/11/18 at 10:45 am to HubbaBubba
quote:
Moving down from 25% to 15% is a 40% reduction in the tariff rate.
Yep. And that was something they did unilaterally. Just like they had been doing in several import categories, unilaterally, for years.
Posted on 12/11/18 at 10:46 am to HubbaBubba
quote:
Wrong.Moving down from 25% to 15% is a 40% reduction in the tariff rate.
Surprised that more people didn't pick up on that.
Posted on 12/11/18 at 10:48 am to 90proofprofessional
quote:
and they are no longer correct. the rate they pay on imported autos, except for from us, is now 15%.
Sweet Jesus.
It was at 25% . The link proves that and in the link is a link to the trade agreement.
Are seriously saying it was not at 25%?
Seriously....
Posted on 12/11/18 at 10:50 am to 90proofprofessional
quote:
And that was something they did unilaterally. Just like they had been doing in several import categories, unilaterally, for years.
Nope.
Either it was at 25% when Trump went after them or not. That answer is yes it was!
Posted on 12/11/18 at 10:51 am to Jjdoc
quote:
Edit.
. That's 10% lower that it was. It was previously at 25% and raised in response. Because they can not sustain, they are moving it lower..... than the starting point.
Actually, it was 25% then Beijing lowered it to 15% then Trump pushed for 0% and Beijing increased it to 40%. China now is going to the WTO to push for a 0% tariff on Automobiles which is something European and Indian countries may balk at. There is a long term objective which China appears willing to push to keep the US on its side.
Posted on 12/11/18 at 10:56 am to Jjdoc
quote:
It was at 25%
they announced their unilateral decision to reduce to 15% after the article you posted, and prior to their retaliation to us. that's what the tariff rate on vehicles from the us would be if not for retaliation to trump's tariffs, full stop
Posted on 12/11/18 at 1:19 pm to 90proofprofessional
quote:
they announced their unilateral decision to reduce to 15% after the article you posted, and prior to their retaliation to us. that's what the tariff rate on vehicles from the us would be if not for retaliation to trump's tariffs, full stop
Yes. 15%. Jdoc has trouble understanding when things occurred.
Posted on 12/11/18 at 1:28 pm to cahoots
quote:
Jdoc has trouble understanding
FIFY
Posted on 12/11/18 at 1:53 pm to Nguyener
quote:
IBREEEEEEEEEEEEEMAN
Lol, he wrong long time.
Posted on 12/11/18 at 1:55 pm to 90proofprofessional
quote:
full stop
Economists may be more dorky than actuaries.
Posted on 12/11/18 at 1:55 pm to Jjdoc
Fake news jjbot. It was only a rumor this morning. Just Trump manipulating a bad market. Worked until about 11qm.
Posted on 12/11/18 at 1:57 pm to Sprung
quote:
qm
Queer Meridian
Posted on 12/11/18 at 2:14 pm to roadGator
HYuck hyuck
Posted on 12/11/18 at 2:16 pm to Jjdoc
I B Not Happy
Posted on 12/11/18 at 2:56 pm to NCdawgfan34
Oh wow, it sounds like you really have a ton of negotiation experience. Only the best subs, amirite?
Posted on 12/11/18 at 3:04 pm to roadGator
quote:
I'm not sure how pointing out that ending a sentence with full stop supports the OP though
OP: spouts typical trumpkin bullshite, gets dunked on
road: omg this guy used a phrase that i don't hear often, i'm gonna swing thru and give a mild insult in no way related to anything
responses ranging from this kind of pawing to outright insults are common from posters who don't like what i'm saying, but can't take it on
Posted on 12/11/18 at 3:18 pm to NCdawgfan34
You really have to be kidding....last I heard, 40% (present abusive number) - 15% (even if it was at former levels) = 25% So you are saying that 25% or 1/4 is not putting immediate money back into business? As they say, It's a start...and a dang good one. I predict it goes lower still.
This post was edited on 12/11/18 at 3:20 pm
Posted on 12/11/18 at 3:54 pm to byeyoutiger
quote:
You really have to be kidding....last I heard, 40% (present abusive number) - 15% (even if it was at former levels) = 25% So you are saying that 25% or 1/4 is not putting immediate money back into business? As they say, It's a start...and a dang good one. I predict it goes lower still.
The vast majority of US auto makers have a JV in China that produces their vehicles in China. No import tariff on those vehicles. Most US vehicles are not imported into China. The devil is in the details.
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