China to reduce tariffs on goods from India

Discussion in 'Asia' started by Vikrant, Jun 27, 2018.

  1. Vikrant
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    Vikrant Gold Member

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    Hopefully, it will reduce trade deficit in favor of India.

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    New Delhi: China plans to reduce tariffs on more than 8,500 goods, including chemicals, farm products and metals from India and some other Asian countries in what is seen as a part of its ongoing trade war with the US.

    “China will reduce or cancel tariffs on imports of 8,549 types of goods from India, South Korea, Bangladesh, Laos & Sri Lanka,” China's ambassador to India Luo Zhaohui tweeted on Wednesday. “The goods include chemicals, agricultural & medical products, soyabean, c ..

    Read more at:
    //economictimes.indiatimes.com/articleshow/64767620.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
     
  2. Picaro
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    Picaro Gold Member

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    Lol the two leading corrupt scumbag slave labor states are going to help each other screw over their own people some more. lol lol lol jump back, we're scared!

    What happened to that BRICS deal that was going to collapse the dollar n stuff?
     
  3. Vikrant
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    Vikrant Gold Member

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    This is just a trade between two countries under global economy. I do not see any merit in your tirade.
     
  4. BlackFlag
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    BlackFlag Gold Member

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    New global order sans America. What the Trumptards want.
     
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  5. Vikrant
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    Vikrant Gold Member

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    Trump has imposed tariff on all trading partners of US. I am not really sure about the game plan here but ...
     
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  6. BlackFlag
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    BlackFlag Gold Member

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    Neither is Trump
     
  7. cnm
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    cnm Diamond Member

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    It is not clear from that which country has a trade surplus.

    edit...Oh, read the link, right.
     
  8. Picaro
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    Picaro Gold Member

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    It's not a 'tirade', it's laughing at yet another pointless effort on the part of corrupt states to make deals neither of them will ever honor, that's all. lol
     
  9. Picaro
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    Picaro Gold Member

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    Well, of course you're not sure; that would require sense and principles, two traits neither the Indian or the Red Chinese govts. promote in their people.
     
  10. Picaro
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    Picaro Gold Member

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    Without the U.S. India and Red China would have been at war a long time ago, and you Indians would likely have mostly been exterminated and the survivors enslaved until they too disappeared, the remaining Indians would be the rich ones who fled to the U.S. or Europe.
     

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