Author: tenderloin

China government decides to fight US Huawei charge directly for the company [Copy link] 中文

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Post time 2019-2-10 18:48:01 |Display all floors
emanreus Post time: 2019-2-10 14:40
re:    expect higher tariffs in March.

  Paid for by American folks.

But subsidized by China!

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Post time 2019-2-13 14:17:52 |Display all floors
Boston101 Post time: 2019-2-10 18:48
But subsidized by China!

So what,  you people are paying the bill...
    The US incorrect statement that the Middle Kingdom is paying the duties, which in fact are paid by US  companies importing goods from China, them lads are passing it on to your Majors like Walmart etc and American folks are paying the infamous 10% or the hyped up 25%.
   Happy shopping

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Post time 2019-2-13 21:14:23 |Display all floors
emanreus Post time: 2019-2-13 14:17
So what,  you people are paying the bill...
    The US incorrect statement that the Middle Kingdom ...

Who is going to buy Chinese products when they are too expensive? In the meantime, imports will shift to countries like Vietnam (which it is already starting to do). So in the long run? China will lose out.

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Post time 2019-2-14 15:22:33 |Display all floors
Boston101 Post time: 2019-2-13 21:14
Who is going to buy Chinese products when they are too expensive? In the meantime, imports will sh ...

Hmm,
        
China’s exports shot up dramatically in January, despite US trade war...

    Import and export figures better than expected beating a median forecast of economists by Bloomberg
    January’s exports rose 9.1 per cent from a year earlier...  
UPDATED : Thursday, 14 February, 2019, 12:07pm


   
Data from China’s General Administration of Customs released on Thursday showed that January’s exports rose 9.1 per cent from a year earlier, beating a median forecast of economists by Bloomberg, which had predicted a 3.3 per cent decline...
     

Almost 1 million American jobs are at risk due to the effects of the current trade war with China and further disputes between the United States and other countries, according to a new study.

Research from the Washington-based consultancy Trade Partnership Worldwide, paid for by the pro-free trade lobbying group Tariffs Hurt the Heartlands, ominously predicts that more than 2 million American jobs could be on the line should US President Donald Trump push ahead with his threat of a 25 per cent tariff on all Chinese exports...



The study shows that manufacturing, under the announced tariffs and quotas, can expect to add more than 83,000 jobs over three years. Within that, the iron and steel sector will add 22,000.

However, for the 126,900 workers that gain jobs as a result of the tariffs, 1,061,400 will lose their jobs, highlighting a huge net impact, if the study is accurate.

The damage inflicted in the case of a full-scale escalation, the authors wrote, will be nationwide, and California would suffer 248,399 job losses, with Texas the second-worst hit, losing 199,388 jobs.

However, there is not a single state that would add jobs in net terms, according to the research.

















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