China’s president promises to cut auto import tariff

[shockedcanadian]

"Winning".

It's a start, this is far from over as China is abusing and crushing the U.S economy. Furthermore, action speaks louder than words.

China's president promises to cut auto import tariff

BEIJING (AP) — President Xi Jinping has promised to cut China’s auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington.

In a speech Tuesday at a business conference, Xi made no direct mention of the dispute with President Donald Trump but pledged to open China’s markets further and improve conditions for foreign companies.

Xi said Beijing will “significantly lower” tariffs on auto imports this year and ease restrictions on foreign ownership in the auto industry “as soon as possible.”

 

[frigidweirdo]

"Winning".

It's a start, this is far from over as China is abusing and crushing the U.S economy. Furthermore, action speaks louder than words.

China's president promises to cut auto import tariff

BEIJING (AP) — President Xi Jinping has promised to cut China’s auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington.

In a speech Tuesday at a business conference, Xi made no direct mention of the dispute with President Donald Trump but pledged to open China’s markets further and improve conditions for foreign companies.

Xi said Beijing will “significantly lower” tariffs on auto imports this year and ease restrictions on foreign ownership in the auto industry “as soon as possible.”

But will they be buying US cars? Probably not.

Chinese cars are what those who don't have much money buy.

German and Italian cars are what the rich buy.

Where's the room for more expensive and not better US cars?

 

[shockedcanadian]

"Winning".

It's a start, this is far from over as China is abusing and crushing the U.S economy. Furthermore, action speaks louder than words.

China's president promises to cut auto import tariff

BEIJING (AP) — President Xi Jinping has promised to cut China’s auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington.

In a speech Tuesday at a business conference, Xi made no direct mention of the dispute with President Donald Trump but pledged to open China’s markets further and improve conditions for foreign companies.

Xi said Beijing will “significantly lower” tariffs on auto imports this year and ease restrictions on foreign ownership in the auto industry “as soon as possible.”

But will they be buying US cars? Probably not.

Chinese cars are what those who don't have much money buy.

German and Italian cars are what the rich buy.

Where's the room for more expensive and not better US cars?

That's for the free market to decide, not Chinas Communist government. About time all the Communist apologists came out from under their anti-American rock and explained why it's ok for China to exploit American workers, but not ok for America to re-balance the issue.

 

[TheOldSchool]

"Winning".

It's a start, this is far from over as China is abusing and crushing the U.S economy. Furthermore, action speaks louder than words.

China's president promises to cut auto import tariff

BEIJING (AP) — President Xi Jinping has promised to cut China’s auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington.

In a speech Tuesday at a business conference, Xi made no direct mention of the dispute with President Donald Trump but pledged to open China’s markets further and improve conditions for foreign companies.

Xi said Beijing will “significantly lower” tariffs on auto imports this year and ease restrictions on foreign ownership in the auto industry “as soon as possible.”

Yeah! The market for American cars is huuuuuge in the $10,000 a year income households in China! There will be Ford F-150’s everywhere in Beijing!

Fucking stupid

 

[K9Buck]

For liberals in this forum and elsewhere, improving the standard of living of average Americans is the absolute LAST thing they want to see happen. They would prefer that the economy collapse and that millions and millions of Americans suffer horribly in order that they can get a Democrat back into the White House.

 

[CowboyTed]

Lads you know China has EU emission standards...

Don't see US cars doing well there... Japan and Europe the winners

 

[frigidweirdo]

"Winning".

It's a start, this is far from over as China is abusing and crushing the U.S economy. Furthermore, action speaks louder than words.

China's president promises to cut auto import tariff

BEIJING (AP) — President Xi Jinping has promised to cut China’s auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington.

In a speech Tuesday at a business conference, Xi made no direct mention of the dispute with President Donald Trump but pledged to open China’s markets further and improve conditions for foreign companies.

Xi said Beijing will “significantly lower” tariffs on auto imports this year and ease restrictions on foreign ownership in the auto industry “as soon as possible.”

But will they be buying US cars? Probably not.

Chinese cars are what those who don't have much money buy.

German and Italian cars are what the rich buy.

Where's the room for more expensive and not better US cars?

That's for the free market to decide, not Chinas Communist government. About time all the Communist apologists came out from under their anti-American rock and explained why it's ok for China to exploit American workers, but not ok for America to re-balance the issue.

Free market huh?

Okay, let's try this.

US cars made with steel that's GOING UP IN PRICE because A) all foreign products will have a 25% tariff on them and US products will then be able to increase prices and profits and be cheaper than foreign steel.

B) China's govt subsidizes Chinese steel.

Second biggest steel company in the world is China Baowu Steel group.

State owned.

Third largest steel company in the world is China's Hesteel Group.

Owned by Hebei province, China. Read, state owned.

6th largest steel company in the world is Jiangsu Shagang Group.

Shen Wenrong owns this company.

"Representative of the 16th China Communist Party Representative Meeting, Deputy to the 9th National People's Congress,"

Yes, this isn't a state owned company, but he's a Representative in Communist Party meetings, a deputy of the National People's Congress etc.

I could go on, basically the CCP controls all the steel.

US companies need to make profits. Chinese companies don't.

 

[JBond]

So we won some concessions. Nice move President Trump.

 

[JBond]

"Winning".

It's a start, this is far from over as China is abusing and crushing the U.S economy. Furthermore, action speaks louder than words.

China's president promises to cut auto import tariff

BEIJING (AP) — President Xi Jinping has promised to cut China’s auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington.

In a speech Tuesday at a business conference, Xi made no direct mention of the dispute with President Donald Trump but pledged to open China’s markets further and improve conditions for foreign companies.

Xi said Beijing will “significantly lower” tariffs on auto imports this year and ease restrictions on foreign ownership in the auto industry “as soon as possible.”

Winner!