Faggots get in here and tell me how Trump folded to the Chinese. It appears after years of squabbling with the Chinese, they got a deal that will, in fact, double exports to the great walled nation.
Lighthizer, one of the lead negotiators in talks with Chinese officials, previously said that the U.S. would keep the 25% tariffs on $250 billion of Chinese imports, but would reduce tariffs on $120 billion in products to 7.5% from 15%. The tariff reduction will take effect 30 days after the agreement is signed.
“We have a list that will go manufacturing, agriculture, services, energy and the like. There’ll be a total for each one of those,” he said. “Overall, it’s a minimum of 200 billion dollars. Keep in mind, by the second year, we will just about double exports of goods to China, if this agreement is in place. Double exports.”
It’s also worth noting, we are still applying tariffs to them and expelling their diplomats for spying on our fucking military bases. So, whether you’d like to admit it or not, BIG AG gets a major win under an embattled Trump administration who is presently under an impeachment threat for issues of great importance. It appears, and this is simply from a layman’s point of view, all America had to do was ask.
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Say you had 4 Benzs…
Then 3 of them were taken away…
Then you were given one back.
Congrats on doubling the number of your Benzos!
Lol ZACTLY!
Start a shopping list (if you havent already) of your favorite commodity related assets.
I watched “7 Years in Tibet” yesterday for the 1st. China sucks.
Thank you Le Fly for putting out the absolute best finance blog pretty much ever and keeping it coming every day, all day
If you believe the Lying Cocksuckers in this Administration;
and especially the Lying Cocksucker in Chief, you are naive.
They have been talking about trade “Phase 1” since September, saying it is “imminent” whenever the Lying Cocksucker is in public
relations trouble. Which is at least weekly.
One thing is for sure, you can’t believe yourself. You have been wrong 100% of everything you spouted for years. You should just stick to posting comments on cnn and get high fives there while fake voting and trading
You a Rooshun Troll or sumpin’?
Nonsense Rigged…. get over yourself. Still butt-hurt, eh????
Still butt hurt and fucking up trades due to TDS
Looks like a shell game, Mr. Fly.
And we’ll have 4% growth, and the federal budget deficit es I’ll be eliminated, and we’ll have the best health care plan, and Mexico will pay for the wall.