China said it planned to trim duties on a variety of U.S. agricultural goods, while the U.S. plans tariff cuts on toys, small appliances and other items.
China and the United States have agreed to cut tariffs imposed on $60 billion worth of goods imported from each other, on an array of products ranging from U.S. corn to cosmetics, and from Chinese household appliances to toys.
Under the U.S.-China Board of Trade, both countries have each recommended $30 billion of trade in non-sensitive goods for more favourable tariff treatment, United States Trade Representative Jamieson Greer said in a statement on Sunday.
For the United States, that was “unlocking improved market access” for about 30% of U.S. exports to China, he said.
Until 3 days from now when the orange fuck has another pants wetting temper tantrum.
Hopefully someone puts a bullet in him soon.
Iran might want Trump and the Republicans to suffer in the midterms, but China is more than willing to throw him a lifeline.
In Xi’s mind, keeping a demented, corrupt, egomaniacal idiot firmly seated in the White House, so he can continue to degrade America’s military power, economic power and political influence, is a winning strategy for China.
Well there is no doubt Xi has been running cover for Trump thus continuing to legitimizing him on a world scale. If not for China, the US would have already crashed hard. I suspect this has more to do with keeping people wealthy than any nation bullshit though.
Why would the US have crashed hard if not for China?
Oil markets. China stopped importing almost half of their ten million per day oil usage by using their vast stocks.
This is propping up the oil markets and kept the worst of price instability in check.
Trump needs cheap tat for Black Friday and Christmas sales.
Will bend over for a dictator who rules a country that will do everything it can to fuck America over, but will do everything in his power to try and ruin one of America’s closest allies…
For the United States, that was “unlocking improved market access” for about 30% of U.S. exports to China, he said.
So the state would like me to take this as good news, to believe a reduction in tarriffs is a good thing. Am I just not supposed to remember it was Trump that enacted them? Is he admitting his tarriffs were a mistake (he would never)?
Reeks of desperation by this spokesperson
