The Stunning Lack of Detail in the China Trade Offer

Discussion in 'Stock Market' started by william the wie, Jan 18, 2019.

  1. william the wie
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    william the wie Gold Member

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    The market is going up due to an offer by China to buy $1T of US goods but no one reporting this news is coming out with much in the way of details.

    I am expecting a decline when the lack of detail sinks in, how about you?
     
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  2. caddo kid
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    caddo kid BANNED

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    Detail is not a GOP, nor Trump strong suit. :abgg2q.jpg:

    Lying? That is their strong suit.
     
  3. H B Lowrie
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    H B Lowrie BANNED

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    Remember all the nondetails of the North Korea talks with Kim? How's that "deal" working out?
     
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  4. caddo kid
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    What deal? :26:
     
  5. H B Lowrie
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  6. william the wie
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    william the wie Gold Member

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    Don't know.
     
  7. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /----/ You think negotiations with a rogue dictator goes quickly? Seriously? BTW heard of any NK missiles being fired over Japan lately?
     
  8. ABikerSailor
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    ABikerSailor Diamond Member

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    Yep. And, if you watched what the market did yesterday, there was a huge surge when a rumor was being passed that China and the US might stop the tariff war. Market went way up, but then when it found out that it was still being discussed, it dropped back down and closed slightly up yesterday.
     
  9. JGalt
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    JGalt Platinum Member

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    So is this a "lie"?

    "Chinese officials made the offer during negotiations in Beijing earlier in January, Bloomberg News reported. China would increase its annual import of US goods by a combined value of over $1 trillion, the officials told Bloomberg, which was first to report on the import boost offer.
    China pegged its proposal to buy more U.S. goods through 2024 to President Donald Trump's hopes of being re-elected in 2020, the sources told CNBC.

    The U.S. had a trade deficit of $323 billion with China in 2018. This deal would aim to reduce that annual trade difference to $0 by 2024, one of the officials told Bloomberg..."

    China offers 6-year import boost in trade talks with US: Sources
     
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  10. caddo kid
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    "China pegged its proposal to buy more U.S. goods through 2024 to President Donald Trump's hopes of being re-elected in 2020, the sources told CNBC."


    So, you actually believe the Chinese want Trump to be re-elected? :21:



    "The U.S. has tariffs placed on $250 billion worth of Chinese goods and has threatened to add more. As talks continue, Trump postponed raising a 10 percent tariff to 25 percent on $200 billion of goods, which was set to go into effect this month."


    So, that sounds like Trump is backing down; what a pussy. Xi grabbed Trump by his pussy. :21:
     
    Last edited: Jan 18, 2019

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