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China Announces More Tariff Cuts to Spur Spending, Investment

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By reducing tariffs, China is seeking to make consumer goods and construction materials more affordable—helping spur consumer spending and business investment

 

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Novel idea. Surprised no one else ever thought of it. (sarcasm since 1776)

Meanwhile, our loutish, ignorant buffoon President has wholly embraced protectionism. So much for the Free Trade Republican Party, they’re all Trumpublicans now. “One morning in May, oh the rapture...”

China will counter US tariffs by lowering taxes, financing & inputs costs combined with currency depreciation. It will also enhance utilization of Belt & Road industrial parks in Pak,Central Asia, ASEAN. Might accelerate movement of Some manufacturing to Viet, India, B'desh, TWN

🧐✍️

Hehe, glad to see all the ignorants here, I am happy.

You mean they have tariffs in place before? I thought the China Commie Party kept championing themselves as "free trade" supporters...

Keep your junk China

See, Trump’s tariff works. The only language that dictators like Xi SB & rogue regimes like China understand is beating & strike.

It's a trick!!!! Don't believe it for a minute!

If the Chinese subsidize their products to spur growth internally, stop buying treasury notes and print more money, won’t that balloon US deficit? They buy Ts to reduce the value of their currency, but wouldn’t printing money do the same?

Are they shipping huge rubik’s cubes?

seems they cracking. Methinks their toughness will last long not.

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New China tariff list creates risk of 'downward cycle' for US auto industryMore than 100 items that go into vehicles face 10 percent tariffs as President Donald Trump escalates his trade war with China. So, Trump is using Tariff as a tax revenue which compensates for the billions lost in taxes when he gave the top 5% a tax cut! This approach might look good on shoet terms but will be costly to American households in the long run.
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