Blink-blink-blink-blink...

[This_person]

China to exempt U.S. pork, soybeans from additional tariffs: Xinhua​

SHANGHAI (Reuters) - China will exempt some agricultural products from additional tariffs on U.S. goods, including pork and soybeans, China’s official Xinhua News Agency said Friday, in the latest sign of easing Sino-U.S. tensions before a new round of talks aimed at curbing a bruising trade war.

The United States and China have both made conciliatory gestures, with China renewing purchases of U.S. farm goods and U.S. President Donald Trump delaying a tariff increase on certain Chinese goods.

...

“China supports relevant enterprises buying certain amounts of soybeans, pork and other agricultural products from today in accordance with market principles and WTO rules,” Xinhua said, adding that the Customs Tariff Commission of China’s State Council would exclude additional tariffs on those items.

China has “broad prospects” for importing high-quality U.S. agricultural goods, Xinhua reported, citing unidentified authorities.

 

[LightRoasted]

If I may ...

Well, ya know, maybe the Chicoms actually just realized, that having 1.4 billion people with full bellies, is better than have 1.4 billion people, (minus the privileged class, of course), rioting in Tiananmen Square with empty bellies?

 

[limblips]

The art of the deal! tranny will be on shortly to explain why this is bad and that TRUMP acquiesced.

 

[transporter]

China to exempt U.S. pork, soybeans from additional tariffs: Xinhua​

SHANGHAI (Reuters) - China will exempt some agricultural products from additional tariffs on U.S. goods, including pork and soybeans, China’s official Xinhua News Agency said Friday, in the latest sign of easing Sino-U.S. tensions before a new round of talks aimed at curbing a bruising trade war.

The United States and China have both made conciliatory gestures, with China renewing purchases of U.S. farm goods and U.S. President Donald Trump delaying a tariff increase on certain Chinese goods.

...

“China supports relevant enterprises buying certain amounts of soybeans, pork and other agricultural products from today in accordance with market principles and WTO rules,” Xinhua said, adding that the Customs Tariff Commission of China’s State Council would exclude additional tariffs on those items.

China has “broad prospects” for importing high-quality U.S. agricultural goods, Xinhua reported, citing unidentified authorities.

Um this is week old news...it is the same news you posted last week. Why are you posting it again???

 

[stgislander]

The art of the deal! tranny will be on shortly to explain why this is bad and that TRUMP acquiesced.

It looks like your wish was answered.

 

[vraiblonde]

The art of the deal!

Exactly.

 

[This_person]

Um this is week old news...it is the same news you posted last week. Why are you posting it again???

As a general rule, I do not read what you post. You're a waste of time, because you do not respond.

 

[Chris0nllyn]

If I may ...

Well, ya know, maybe the Chicoms actually just realized, that having 1.4 billion people with full bellies, is better than have 1.4 billion people, (minus the privileged class, of course), rioting in Tiananmen Square with empty bellies?

While they weren't buying American soybeans, they were buying up massive quantities of Brazilian soy beans. Typically, Brazil wouldn't be able to produce enough soybeans to feed the Chinese pork industry but China's pork industry is being hit with African Swine Fever and their soybean needs are down.

Brazil also saw massive increases in corn sales to China.

Hopefully this move will help American farmers by shifting those sales back to the US. This depends on how good of a deal Brazil is giving China. Brazil can cover them for now, but once the pork industry comes back (5-10 some experts are saying), Brazil likely won't be able to supply all of China's needs.

FWIW, China has committed to buying another 5 million metric tonnes of American soybeans. For comparison's sake, China has imported 56.31 million tonnes of soybeans so far this year. In July alone, China imported 9.48 million tonnes of soybeans.

China has agreed to buy about 52% of one months's imports from America.

 

[AnthonyJames]

While they weren't buying American soybeans, they were buying up massive quantities of Brazilian soy beans. Typically, Brazil wouldn't be able to produce enough soybeans to feed the Chinese pork industry but China's pork industry is being hit with African Swine Fever and their soybean needs are down.

Brazil also saw massive increases in corn sales to China.

Hopefully this move will help American farmers by shifting those sales back to the US. This depends on how good of a deal Brazil is giving China. Brazil can cover them for now, but once the pork industry comes back (5-10 some experts are saying), Brazil likely won't be able to supply all of China's needs.

FWIW, China has committed to buying another 5 million metric tonnes of American soybeans. For comparison's sake, China has imported 56.31 million tonnes of soybeans so far this year. In July alone, China imported 9.48 million tonnes of soybeans.

China has agreed to buy about 52% of one months's imports from America.

Hopefully, Brazil's diseased inferior products will kill every living thing in China and that will be that. China gets poisoned instead of China poisoning everyone else. Wouldn't that be ironic?