BREAKING -- CHINA BLINKS: Trump’s Hardline on Trade Forces China’s Xi to lower tariff

[LongTermGuy]

CHINA BLINKS: Trump’s Hardline on Trade Forces China’s Xi to lower tariffs this year.. open economy further

https://pbs.twimg.com/card_img/982413774245253120/FAx9KODb?format=jpg&name=600x314

Chinese President Xi Jinping on Tuesday (Monday night in the U.S.) promised to open the country’s economy further and lower import tariffs on products including cars, in a speech that comes amid rising trade tensions between China and the United States.

Xi also said China would raise the foreign ownership limit in the automobile sector “as soon as possible” and push previously announced measures to open the financial sector.


“This year, we will considerably reduce auto import tariffs, and at the same time reduce import tariffs on some other products,” Xi said at the Chinese Boao Forum for Asia in Hainan province.
The comments sent U.S. stock futures, the dollar and Asian shares higher.

They come amid rising trade tensions between China and the United States following a week of escalating tariff threats sparked by U.S. frustration with China’s trade and intellectual property policies.

MORE:

​https://truepundit.com/china-blinks-trumps-hardline-on-trade-forces-chinas-xi-to-lower-tariffs-this-year-open-economy-further/

[LongTermGuy]

https://pbs.twimg.com/media/DaY5L3fU0AExGwv.jpg
https://pbs.twimg.com/media/DaY9UykXUAAOztG.jpg

[FakeNewsSux]

https://www.youtube.com/watch?v=daOH-pTd_nk

[Tyr-Ziu Saxnot]

CHINA BLINKS: Trump’s Hardline on Trade Forces China’s Xi to lower tariffs this year.. open economy further

https://pbs.twimg.com/card_img/982413774245253120/FAx9KODb?format=jpg&name=600x314

Chinese President Xi Jinping on Tuesday (Monday night in the U.S.) promised to open the country’s economy further and lower import tariffs on products including cars, in a speech that comes amid rising trade tensions between China and the United States.

Xi also said China would raise the foreign ownership limit in the automobile sector “as soon as possible” and push previously announced measures to open the financial sector.


“This year, we will considerably reduce auto import tariffs, and at the same time reduce import tariffs on some other products,” Xi said at the Chinese Boao Forum for Asia in Hainan province.
The comments sent U.S. stock futures, the dollar and Asian shares higher.

They come amid rising trade tensions between China and the United States following a week of escalating tariff threats sparked by U.S. frustration with China’s trade and intellectual property policies.

MORE:

​https://truepundit.com/china-blinks-trumps-hardline-on-trade-forces-chinas-xi-to-lower-tariffs-this-year-open-economy-further/

I can not wait to see how the lying mainstream media and democrat propaganda spin machine attempt to spin this into a negative.
I am no friend of China(As I know they are not true allies to USA), but this is great news for Americans and our economy ,IMHO.
Trump rightly saw we have the upper hand and must finally make our own demands instead of only think to give to them, while they slyly smile, take our gold and militarily make plans to fight and defeat us in the future..
As is glaringly evident in their anti-carrier ballistic missile designed ""specifically"" to sink American aircraft carriers(this is a well known fact).
Doesn't not get any more obvious that that, does it?? Tyr

[Gunny]

Nice. Most people in China don't drive cars. Definitely not American ones. This ought to make a big dent :rolleyes:

He;s giving away shit that means nothing to him.

[FakeNewsSux]

"Originally posted by Gunny
Nice. Most people in China don't drive cars. Definitely not American ones. This ought to make a big dent :rolleyes:

He;s giving away shit that means nothing to him.

That's true that most Chinese don't drive cars but of the ones that do, they have made their country the largest market in the world for Buicks. Including the US!

[Gunny]

"Originally posted by Gunny
Nice. Most people in China don't drive cars. Definitely not American ones. This ought to make a big dent :rolleyes:

He;s giving away shit that means nothing to him.

That's true that most Chinese don't drive cars but of the ones that do, they have made their country the largest market in the world for Buicks. Including the US!Nice. Guess that explains how Buick has stayed in business. Who the f*ck wants to drive a Buick? The quintessential "Grandpa and Grandma car":laugh: Guess you can't expect a lot from people that wear their pajamas as formal wear :)

[Drummond]

"Originally posted by Gunny
Nice. Most people in China don't drive cars. Definitely not American ones. This ought to make a big dent :rolleyes:

He;s giving away shit that means nothing to him.

That's true that most Chinese don't drive cars but of the ones that do, they have made their country the largest market in the world for Buicks. Including the US!

North Korea. Now, this.

Trump's hard-nosed approach is fast being shown as the right one on the international scene. It's a far cry from the disgusting weakness of Obama.

Excellent stuff. I look forward to seeing more of the same from your President. He's proving to be a breath of fresh air.

[Black Diamond]

Nice. Guess that explains how Buick has stayed in business. Who the f*ck wants to drive a Buick? The quintessential "Grandpa and Grandma car":laugh: Guess you can't expect a lot from people that wear their pajamas as formal wear :)
Gunny trying to hide the fact he drives a roadmaster.

[LongTermGuy]

Nice. Most people in China don't drive cars. Definitely not American ones. This ought to make a big dent :rolleyes:

He;s giving away shit that means nothing to him.

I guess we will just have to see `O wise one.....:laugh:

https://pbs.twimg.com/profile_images/556865878973636608/ui5g4zNu.jpeg




This is a good start and more to come with China.....:salute:

[High_Plains_Drifter]

Nice. Guess that explains how Buick has stayed in business. Who the f*ck wants to drive a Buick? The quintessential "Grandpa and Grandma car":laugh:
Not anymore...


https://www.youtube.com/watch?v=j761MNnFaeg

[LongTermGuy]

Market seems to like the latest action (a lot) and less pressure on American farmers...They must know more than us Genius`s :laugh2:

[LongTermGuy]

Deplorable Linda G.‏ @GartrellLinda (https://twitter.com/GartrellLinda) 31m31 minutes ago (https://twitter.com/GartrellLinda/status/983724131060416513)More



Another #FairTrade (https://twitter.com/hashtag/FairTrade?src=hash) Victory: China President Caves, Hands Trump Massive Win on Trade Negotiations w countries that have trade imbalances are proving very fruitful.Once again #FakeNewsMedia (https://twitter.com/hashtag/FakeNewsMedia?src=hash) talking heads will be WRONG & President Trump will be proven right


>>READ:
https://conservativetribune.com/chinas-pres-caves-trump/?utm_source=Twitter&utm_medium=MobileFloatingSharingButtons&utm_content=2018-04-10&utm_campaign=websitesharingbuttons


https://pbs.twimg.com/card_img/983705827591651329/eUygFzVV?format=jpg&name=600x314
https://pbs.twimg.com/media/DabjXXAUwAA6cMj.jpg

[Tyr-Ziu Saxnot]

Nice. Most people in China don't drive cars. Definitely not American ones. This ought to make a big dent :rolleyes:

He;s giving away shit that means nothing to him.

Quite likely the big dent just may be in the lower tariffs on the far less costing items,ones that millions more Chinese can afford. The Chinese population has a rising class of people( THOSE WEALTHY AND AN INCREASING RICHER MIDDLE CLASS OF MERCHANTS AND HIGHLY EDUCATED PROFESSIONALS)
THAT CAN AFFORD MUCH, MUCH MORE THAN IN PAST DECADES.

POINT IS, MUCH OF THAT IS THANKS TO THE HUNDREDS OF BILLIONS YEARLY WE PUMP IN DUE TO OUR CREATING THEM TO BE OUR MAJOR LABOR FORCE.
So our getting some of those billions back by lower tariffs on our own trade goods sent into China makes perfect sense.
As is the reality, even if this is too small a start, the fact is once they start getting certain products from us that they do not manufacture there, greed/human nature takes over and they demand more and more.
I think that is Trump's thinking on this-- get our foot in the door and get them used to us demanding more from them than has ever been demanded in the past.
If so, then this is a very good start, if not then this is a mirage. Time will tell my friend..-Tyr