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US, China Reach Temporary Agreement for 90 days, lower reciprocal tariffs - Foreign Affairs (2) - Nairaland 5h1k13

US, China Reach Temporary Agreement for 90 days, lower reciprocal tariffs (9286 Views)

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linearity: 12:22pm On May 12
princemillla:



Not most almost everything from electronics to food to pork, to packed foods etc.


I could walk you around USA stores and see all their shelves if not half empty.

The Chinese will sure be proud they made an impact wit this tarrifs wars. Next time USA want to brag, they will how the Chinese dealt with them.





Even common toothpick used in the USA, is primarily sourced from China.

The majority factory in Maine USA that use to produce toothpicks closed in 2003.

It cheaper to produce toothpicks now in China, I would doubt if the other major toothpick factory in Minnesota packed up soon.

The point is, not that USA cannot produce these things, the cost would just be too high and will lead to hyper inflation.

3 Likes 1 Share

Odidigboigbo(m): 12:23pm On May 12
rinzaugustine:
Trump played into the hands of China and lost that US leverage , that’s what you get when you surround yourself with uneducated white folks whose only claim to brilliance is being white
Do you guys actually understand what plays out here? Trump has achieved his aim to force China come to negotiation to, before now, China placed high tariff on USA compare to that of USA on China, now Trump has force China to renegotiate.

2 Likes

Commentor: 12:24pm On May 12
bentenny:
Trump wins!
This had always been his intention and goal from the outset which was bringing both countries to the negotiation table!
He may not be your most popular president but he simply gets the job done even in the most unorthodox manner!

He got nothing done.
Americans are suffering.

2 Likes

TheStranger: 12:25pm On May 12
I thought the Chinese were blabbing that they can withstand it? cheesy cheesy grin grin grin

1 Like

Watcharena: 12:25pm On May 12
Iykenuwa:


You people should calm down, Trump's plan was actually to force China to the negotiation table, and he has achieved that.

Who called for negotiation was it china or US

China had already moved on making deals with many countries to replace US why can't US just moved on the way china has moved on.

Trump only ended up in disgracing US, possibly he thought china will not respond like other countries

6 Likes 1 Share

baralatie(m): 12:26pm On May 12
Mide70:
China is not really feeling the heat of the tariffs but US does! Most electronic devices comes from china . Asides that China is no small country ! in of Technology and many things US is behind china . I knew all these Trump initial gragra on trade war is for a while !
China that was running Helter skelter on where to sale it's stock up goods
Do you know that it was the Chinese govt that seriously pushed for this

4 Likes

baralatie(m): 12:27pm On May 12
Watcharena:
Who called for negotiation was it china or US

China had already moved on making deals with many countries to replace US why can't US just moved on the way china has moved on.

Trump only ended up in disgracing US, possibly he thought china will not respond like other countries
Which move on
Which deal did china make
Which countries

1 Like

Iweakbro: 12:27pm On May 12
NOETHNICITY:
So finally, Trump is all about braggadocio—empty talk and no show
China is not one of those countries that is going to come running to kiss his ugly white a*s

Trump essentially exposed what an incredibly giant China is

This is a non-factual take. Are you a little kid? Go to YouTube and check China Uncensored, so you can learn the effect of the tariffs on Chinese companies whose market was the IS.

1 Like

horlique(m): 12:29pm On May 12
The haters of trump will say thay China won.
The haters of China will say Trump won.
But the truth is a renegotiation of trades arrangements will be good for both countries..
If am your biggest buyer and I complain that the cost of doing business is not favourable to me, a smart seller will reconsider such arrangements.

The trade war could have bankrupted both country.
Forget all those talks that one country has an edge the truth is US China relationship have made both countries bigger economy.

What keeps u on business is your biggest supplier and your biggest buyer if either cuts you off u are in trouble..
If could taken US and China many years to effectively replace each other economically,if those years something funny economically could have happened to each one of them

4 Likes

horlique(m): 12:32pm On May 12
baralatie:

China that was running Helter skelter on where to sale it's stock up goods
Do you know that it was the Chinese govt that seriously pushed for this
.
None of those countries have US buyer power..
What keeps u in business is your biggest buyer ,leave all those initial gra gra.
Is like frying akara for sale no one is buying much are u u going eat the remaining 100 balls of akara

3 Likes

horlique(m): 12:32pm On May 12
Watcharena:
Who called for negotiation was it china or US

China had already moved on making deals with many countries to replace US why can't US just moved on the way china has moved on.

Trump only ended up in disgracing US, possibly he thought china will not respond like other countries

Making deals with which countries..
None of those countries have US buyer power..
What keeps u in business is your biggest buyer ,leave all those initial gra gra.
Is like frying akara for sale no one is buying much are u u going eat the remaining 100 balls of akara..

3 Likes

princemillla(m): 12:32pm On May 12
linearity:


Even common toothpick used in the USA, is primarily sourced from China.

The majority factory in Maine USA that use to produce toothpicks closed in 2003.

It cheaper to produce toothpicks now in China, I would doubt if the other major toothpick factory in Minnesota packed up soon.

The point is, not that USA cannot produce these things, the cost would just be too high and will lead to hyper inflation.

Yes for sure this pattern was why iPhone was being assembled in China till today.
Heard, they're moving fractions of it to India for assembled and recod has it that Indian assembled iPhone r bad.

Most industries moved out of USA which was primarily the reason for this tarrifs. But can it be achieved overbite no. More reason I respect china in this whole tarrifs war. They maintained a mature stance.
princemillla(m): 12:35pm On May 12
Odidigboigbo:
Do you guys actually understand what plays out here? Trump has achieved his aim to force China come to negotiation to, before now, China placed high tariff on USA compare to that of USA on China, now Trump has force China to renegotiate.


You are not getting the gist sir.

China isn't moved instead it has moved on. All what china gets frm USA is now being sourced from other nation like Brazil, Australia even Canada

But USA, they r practically out of items with their ports literally empty from Seattled to other heavy-duty ports.

I bet u China isn't moved by this trade war but USA.

1 Like 1 Share

bentenny(m): 12:37pm On May 12
Commentor:


He got nothing done.
Americans are suffering.
Ok

1 Like

princemillla(m): 12:37pm On May 12
Watcharena:
Who called for negotiation was it china or US

China had already moved on making deals with many countries to replace US why can't US just moved on the way china has moved on.

Trump only ended up in disgracing US, possibly he thought china will not respond like other countries


The elites in USA are highly disappointed.

Worst hit are wallmart Amazon's and other top tech.


It's just so annoying trying to force a counterpart into what u would not allowed.
omonnakoda: 12:37pm On May 12
princemillla:



Not most almost everything from electronics to food to pork, to packed foods etc.


I could walk you around USA stores and see all their shelves if not half empty.

The Chinese will sure be proud they made an impact wit this tarrifs wars. Next time USA want to brag, they will how the Chinese dealt with them.


.

You are mostly right but The US is a net exporter of pork and the largest exporter of food in the world, The US is not dependent on China for food

China is a Net importer of food like the USA is but China buys more food from the USA net

These are things that can be easily fact checked

3 Likes

Kaiser20: 12:39pm On May 12
dettolgel:
China don knack Trump small akpako grin
Yes, oh, the USA must learn a lesson.
Trump should wake up and stop dreaming.
China and Russia are forces; no sanctions or trade war can destroy

1 Like

princemillla(m): 12:43pm On May 12
omonnakoda:
You are mostly right but The US is a net exporter of pork and the largest exporter of food in the world, The US is not dependent on China for food

China is a Net importer of food like the USA is but China buys more food from the USA net

These are things that can be easily fact checked


Yes I take corrections to that
omonnakoda: 12:44pm On May 12
NOETHNICITY:
So finally, Trump is all about braggadocio—empty talk and no show
China is not one of those countries that is going to come running to kiss his ugly white a*s

Trump essentially exposed what an incredibly giant China is
That is why Americans prefer basketball to Football
They are easily bored like children .

They cannot seat down for 90 minutes to watch a game with no goals.

So for Trump his tariffs were just a short term excitement. He moves on to the next play since that did not work.

China on the other hand is playing the long game thing even beyond Trump's presidency ends

1 Like

LegacyB: 12:44pm On May 12
tempex88:
Trump has forced negotiations...which is what he wanted
Use google . There has already been trade negotiations, btw China and US B4 trump.
Feldie: 12:45pm On May 12
bentenny:
Trump wins!
This had always been his intention and goal from the outset which was bringing both countries to the negotiation table!
He may not be your most popular president but he simply gets the job done even in the most unorthodox manner!
what did USA benefit from this negotiations? If Trump wanted to negotiate with any country on earth, all he had to do was ask they'll come to negotiate. Instead he humiliated his country, begged for months for China to talk him after China already replaced USA import with Australia and Brazil produce

1 Like 1 Share

grandstar(m): 12:45pm On May 12
If there's a 30% duty on Chinese goods entering the US, it isn't fair.
.it would also adversely affect the US economy.

The US economy will be in a recessionary state throughout the Trump presidency due to these tariffs.

2 Likes

Oluwawrites(m): 12:47pm On May 12
Better than never.
LordReed(m): 12:48pm On May 12
Iykenuwa:


You people should calm down, Trump's plan was actually to force China to the negotiation table, and he has achieved that.


So when Trump boasted that he was friends with Xi he was lying? He couldn't have just asked his so called friend to come to a negotiating table?

1 Like

justmondris: 12:49pm On May 12
tempex88:
Trump has forced negotiations...which is what he wanted

""
Feldie: 12:49pm On May 12
Odidigboigbo:
Do you guys actually understand what plays out here? Trump has achieved his aim to force China come to negotiation to, before now, China placed high tariff on USA compare to that of USA on China, now Trump has force China to renegotiate.
did China ever say they were not going to negotiate or sign any agreement with the US?
Trump said USA had 1trn dollars trade deficit with China and that's what he wanted to erase. Guess what, the deficit is going to rise even higher now that China are buying things they used to buy from USA from Brazil and Australia now. So tell me, what was the negotiations, what did Trump gain except public mockery?

1 Like 1 Share

Dee60: 12:49pm On May 12
bentenny:
Trump wins!
This had always been his intention and goal from the outset which was bringing both countries to the negotiation table!
He may not be your most popular president but he simply gets the job done even in the most unorthodox manner!

I wonder why people think that China has won this war. Far from it. Both countries have been bleeding very badly. Check and see how China's economy has suffered deeper level of deflation forcing factories to close and people disposing houses and machinery lower than cost price. China does not have free press like you have in the West, which means that the bleeding in China has been grossly under-reported. At any rate, this 90-day truce does not mean a lot. It is just a window for big buyers like Walmart to quickly buy and stock up. There are TENS of thousands of people inside China that are employed to manage Walmart logistics (just Walmart) and that means that their jobs are secured for a few more months. There are many such companies like Walmart who employ thousands of people inside China. DT and his istration may have gone about this matter in a crude way, but the truth is that dependence on China was going to kill many US's companies in the long run. The major fallout for the US is that many countries will not trust them even when new deals are made. DT is showing that US is ready to take a self-centered route to only work with those who are going to promote US's interests. Again, when you look at that, there is really no trust in international relationships. People only pretend to trust. As they say, the truth is that there are no permanent friends among nations, only permanent interests. The US once bombed Vietnam, but they are trade partners today!

3 Likes

tuoyoojo(m): 12:51pm On May 12
E Don tire US abi

2 Likes 2 Shares

Commentor: 12:54pm On May 12
horlique:


Making deals with which countries..
None of those countries have US buyer power..
What keeps u in business is your biggest buyer ,leave all those initial gra gra.
Is like frying akara for sale no one is buying much are u u going eat the remaining 100 balls of akara..

US is only 10% of Chinese exports.

They can live without US.

1 Like 1 Share

MaziObinnaokija: 12:54pm On May 12
grin Pa Emeka Righteousness2, comma see the mumu wey u wan kpai yourself for sad grin
rinzaugustine: 12:54pm On May 12
Odidigboigbo:
Do you guys actually understand what plays out here? Trump has achieved his aim to force China come to negotiation to, before now, China placed high tariff on USA compare to that of USA on China, now Trump has force China to renegotiate.
US is actually the one who made this statement not China meaning that trump in trying to take short cuts and by American system that has worked for more than 300 years actually relinquished the drivers sit to China, something that had never happened in US history. I doubt China will soft pedal like you think after seeing the effects on US economy and stock markets unless they want to be magnanimous and cover trump disastrous blunder

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