U.S. offers to cancel December 15 tariffs on Chinese goods: WSJ

[beijingwalker]

U.S. offers to cancel December 15 tariffs on Chinese goods: WSJ
DECEMBER 12, 2019 /

(Reuters) - U.S. trade negotiators have offered to cancel a new round of tariffs on imported Chinese goods set to take effect on Sunday as part of an effort to cement a phase-one deal to de-escalate the trade relationship between the two powers, the Wall Street Journal said on Thursday.

Citing people briefed on matter, the Journal also said Trump administration negotiators have offered to cut existing tariffs by as much as half on roughly $360 billion of Chinese-made goods.

https://www.reuters.com/article/us-...15-tariffs-on-chinese-goods-wsj-idUSKBN1YG1VB

 

[beijingwalker]

US talks tough but always back out at the last monment.

Tori Smith: China Tariffs Are "Direct Tax on the American People"

 

[fallstuff]

Trump signed the agreement.

 

[KungFuLee]

US talks tough but always back out at the last monment.

Tori Smith: China Tariffs Are "Direct Tax on the American People"

More like Trump got what he wanted,

He agreed to suspended the extra tariff after China agree to double US Purchase of farm and dairy product from 24 billions to 50 billions each year. If I remember correctly, that is one of Trump so called phase 1 goal with regard to trade war, the other is IP right and something else I cannot remember on top of my head.

I don't think China get anything in return on this deal affirmed by Beijing yesterday. But I could be wrong.

https://www.reuters.com/article/us-...communication-with-u-s-on-trade-idUSKBN1YG0KD

 

[beijingwalker]

More like Trump got what he wanted,

He agreed to suspended the extra tariff after China agree to double US Purchase of farm and dairy product from 24 billions to 50 billions each year. If I remember correctly, that is one of Trump so called phase 1 goal with regard to trade war, the other is IP right and something else I cannot remember on top of my head.

I don't think China get anything in return on this deal affirmed by Beijing yesterday. But I could be wrong.

https://www.reuters.com/article/us-...communication-with-u-s-on-trade-idUSKBN1YG0KD

China has to buy those farm products anyway, if not from US, will be somewhere else with a higher price, I admit that stopping buying them from US also hurts Chinese consumers, so China doesn't lose anything in this deal. and turning US farmers into Chinese farmers in US politics is not a bad idea for China, making them even more dependent on China and those farmers can be a big bargain chip in future negotiations.

 

[KungFuLee]

China has to buy those farm products anyway, I admit that stopping buying them from US also hurts Chinese consumers, so China doesn't lose anything in this deal. and turning US farmers into Chinese farmers in US politics is not a bad idea for China, make them dependent and those farmers can be a big bargin chip in future negotiations.

You know, if what you say is true, then Chinese government is honestly quite stupid.

If I remember correctly, the Original Phase 1 deal is for China to buy 40 billions of farm product, and it was later increase to 50 billions after the talk breaking down.

And no, the US farmer would not be depending on China, I think even after the deal China is the 4th biggest market of US soybean, after EU, Canada and Mexico

 

[beijingwalker]

You know, if what you say is true, then Chinese government is honestly quite stupid.

If I remember correctly, the Original Phase 1 deal is for China to buy 40 billions of farm product, and it was later increase to 50 billions after the talk breaking down.

And no, the US farmer would not be depending on China, I think even after the deal China is the 4th biggest market of US soybean, after EU, Canada and Mexico

One thing you should know, China can't buy enough farm products and she buys them from every country that sells them, it's a need, China won't lose anything in this deal. As for if US farmers are dependent on China or not, they are in different degrees varing from state to state, search Youtube US news reports and find out.

 

[rambro]

Trump had the chance to be the greatest potus by serving usa but he chose to serve his zionist lobbyist.

 

[KungFuLee]

One thing you should know, China can't buy enough farm products and she buys them from every country that sells them, it's a need, China won't lose anything in this deal. As for if US farmers are dependent on China or not, they are in different degrees varing from state to state, search Youtube US news reports and find out.

Actually, many people think China did have the capacity of buying 40 billions worth of Farm product a year, that is the main reason why China did not agree to this same deal before, many people believe that what US is doing (or rather why trump asked for this) is to do what China do wrt the steel, basically the US just dump farm product to China and regardless whether or not it would be able to use it or even store it.

As for farmer being depending on China, well, I don't really think so, US farming production is very popular in the world, well, money is money, I mean if you buy 50 billions worth of stuff, depending or not, I will be happy, but I don't think it's that "Dependent", not in the same level Australian Coal business dependent on China.

Trump had the chance to be the greatest potus by serving usa but he chose to serve his zionist lobbyist.

I don't think Trump is ever going to be the greatest potus, not even a great potus.

 

[beijingwalker]

basically the US just dump farm product to China and regardless whether or not it would be able to use it or even store it.

China imports farm products from every single country which sells them, the analysts even say the whole world have to work together to "feed the dragon", people rarely hear dumping " argicultural products" to a country, do you have a previous example when it happened? China did sell a lot of steel, electronics stuff to US, and mostly dumping cases are referred to those products.

As for farmer being depending on China, well, I don't really think so, US farming production is very popular in the world, well, money is money, I mean if you buy 50 billions worth of stuff, depending or not, I will be happy, but I don't think it's that "Dependent", not in the same level Australian Coal business dependent on China.

There are a lot of news about that in Youtube and google news, you can check them if you are interested.

 

[KungFuLee]

China imports farm products from every single country which sells them, the analysts even say the whole world have to work together to "feed the dragon", people rarely hear dumping " agricultural products" to a country, do you have a previous example when it happened? China did sell a lot of steel, electronics stuff to US, and mostly dumping cases are referred to those products.

If you believe in trump, he did say China have the capacity to digest 50 billions of farming product. But then Chinese official said this

China does not want to buy a lot of products that people here don’t need or to buy something at a time when it is not in demand,” an official from a Chinese state-owned company explained.

https://www.cnbc.com/2019/10/30/us-...wary-about-us-pressure-to-buy-farm-goods.html

Again, if that official is right and China have to buy stuff that they don't need in a time they are not in demand, that is the definition of dumping.

There are a lot of news about that in Youtube and google news, you can check them if you are interested.

Just as much as China buy agricultural products from around the world, US also sell agricultural products around the world. Again, money maybe nice, but to a point dependent? I don't honestly think so, especially when China is not even in top 3 of agricultural products export.

I mean if you check out farmer john videos in youtube, of course they are going to say they depend on China lol, they want your money. If you give me a fraction of 50 billions, i will say what you want to hear form me too.

 

[beijingwalker]

If you believe in trump, he did say China have the capacity to digest 50 billions of farming product. But then Chinese official said this

China does not want to buy a lot of products that people here don’t need or to buy something at a time when it is not in demand,” an official from a Chinese state-owned company explained.

https://www.cnbc.com/2019/10/30/us-...wary-about-us-pressure-to-buy-farm-goods.html

Again, if that official is right and China have to buy stuff that they don't need in a time they are not in demand, that is the definition of dumping.



Just as much as China buy agricultural products from around the world, US also sell agricultural products around the world. Again, money maybe nice, but to a point dependent? I don't honestly think so, especially when China is not even in top 3 of agricultural products export.

I mean if you check out farmer john videos in youtube, of course they are going to say they depend on China lol, they want your money. If you give me a fraction of 50 billions, i will say what you want to hear form me too.

I never heard any country dumping farm products, farm products need lands, water and other resources to grow, we want as more as possible, many Chinese farmers even go abroad and rent lands to grow crops, one theory in China that buying farm products overseas is like owning Chinese lands in foreign countries can farm products requires a lot of land, it's different from churning out factory products.
If any country like to dump their farm products to China, Please do, food price goes fast this year in Beijing.

 

[KungFuLee]

I never heard any country dumping farm products, farm products need lands, water and other resources to grow, we want as more as possible, many Chinese farmers even go abroad and rent lands to grow crops, one theory in China that buying farm products overseas is like owning Chinese lands in foreign countries can farm products requires a lot of land, it's different from churning out factory products.
If any country like to dump their farm products to China, Please do, food price goes fast this year in Beijing.

You never heard of does not mean they does not exist. as I said before, if that Chinese official quote is right, then that is the definition of US dumping farming product to China.

You need to argue with fact, not what you heard of or not heard of

 

[beijingwalker]

You never heard of does not mean they does not exist.

Did you hear that before, when was the last time it happened in the world? One country dumping "farm products" to another coountry? what's the definitiion for dumping?

 

[KungFuLee]

Did you hear that before, when was the last time it happened in the world? One country dumping "farm products" to another coountry? what's the definitiion for dumping?

Again, you never heard of it before does not mean they did not exist, so whether or not I have heard of it is irreverent.

And if you want to know why or how farming product can be dump, ask the Chinese official who was interviewed by MSNBC, it was in the article I provided. That's what he said, why are you asking me for why he said what he said?