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Message
re: China Moves to Lower Tariffs on US Cars from 40% to 15%
Posted on 12/11/18 at 4:46 pm to Jorts R Us
Posted on 12/11/18 at 4:46 pm to Jorts R Us
The devil... he always is in the details. But even though the majority doesn't receive significantly higher profits due to this 1- Some money is realized and 2- It's the message it is sending. And while the devil is in the details, there are details you nor I know anything about. It's more a political thing than pure economics but it's an important win.
This post was edited on 12/11/18 at 4:47 pm
1
Posted on 12/11/18 at 4:47 pm 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.
It was 15 percent moved to 40 so it was lowered back to 15 percent. The same the chicons charge Mercedes etc.
It was not 25 percent per Bloomberg, Biz Insider
Posted on 12/11/18 at 4:51 pm to byeyoutiger
quote:
The devil... he always is in the details. But even though the majority doesn't receive significantly higher profits due to this 1- Some money is realized and 2- It's the message it is sending. And while the devil is in the details, there are details you nor I know anything about. It's more a political thing than pure economics but it's an important win.
I’m not saying it’s a bad thing, but a little bit of perspective is needed—Perspective that the gateway pundit and the OP won’t provide.
Posted on 12/11/18 at 5:24 pm to Jorts R Us
And I do think you have added good perspective.
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