Carrot or Stick: U.S. To Delay China Tariffs On Some Products

[rainman + 263]

The Trump administration will delay imposing a 10% tariff on certain Chinese products, including laptops and cell phones, that had been scheduled to start next month, the Office of the U.S. Trade Representative said on Tuesday.  The USTR’s action was published just minutes after China’s Ministry of Commerce said Vice Premier Liu He conducted a phone call with U.S. trade officials. Other products whose tariffs will be delayed until Dec. 15 include “computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing,” the USTR said in a statement. A separate group of products will also be exempt altogether, “based on health, safety, national security and other factors,” it added.

[Pavel + 384]

... as gooses in the fog. It'll do no good. Too dense and too stubborn to understand basic economics...or much of anything else.

[joze44 + 39]

All the administration insiders who knew this would happen were long on Apple, I'll bet....

[BALBOA + 37]

here we go again...

[pinto + 293]

Will someone explain freshman economics to this move?

[ThunderBlade + 231]

Make a sense..

[francoba + 93]

4 minutes ago, ThunderBlade said:

Make a sense..

Really? This is just pathetic anymore....

[damirUSBiH + 327]

In parallel: Global stock markets rebound after US President Trump delays some China tariffs.

[Ward Smith + 6,615]

46 minutes ago, rainman said:

The Trump administration will delay imposing a 10% tariff on certain Chinese products, including laptops and cell phones, that had been scheduled to start next month, the Office of the U.S. Trade Representative said on Tuesday.  The USTR’s action was published just minutes after China’s Ministry of Commerce said Vice Premier Liu He conducted a phone call with U.S. trade officials. Other products whose tariffs will be delayed until Dec. 15 include “computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing,” the USTR said in a statement. A separate group of products will also be exempt altogether, “based on health, safety, national security and other factors,” it added.

Re our discussions here about Nike and Apple, this is the result. Lots of bureaucrat palms have been greased, that's a certainty. The odds that globalists want to play by the rules? Nonexistent. 

[Enthalpic + 1,496]

Called it...

Market manipulation... orange man's financial managers have a huge advantage.

 

[Ward Smith + 6,615]

20 minutes ago, Enthalpic said:

Called it...

Market manipulation... orange man's financial managers have a huge advantage.

As opposed to say, Congress, which has been trading on insider information for decades with impunity? Who passed a law exempting themselves from the same investment laws that govern ordinary citizens? Those Saints? 

You're focused on one man when you should be looking at the while morass.  The swamp runs deep, and it IS being drained in ways you can't fathom. 

[Tom Kirkman + 8,860]

16 hours ago, pinto said:

Will someone explain freshman economics to this move?

Short version:

U.S. Delays and Modifies “Next Step” Tariffs on Chinese Products

 

Long, weekend reading version: