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Page added on March 4, 2019

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US, China Close In on Trade Deal

Public Policy

China and the U.S. are in the final stage of completing a trade deal, with Beijing offering to lower tariffs and other restrictions on American farm, chemical, auto and other products and Washington considering removing most, if not all, sanctions levied against Chinese products since last year. The agreement is taking shape following February’s talks in Washington, people briefed on the matter on both sides said. They cautioned that hurdles remain, and each side faces possible resistance at home that the terms are too favorable…

WSJ



8 Comments on "US, China Close In on Trade Deal"

  1. makati1 on Mon, 4th Mar 2019 6:28 pm 

    Wall Street Urinal says it all. Pure bullshit!

    The ‘tariff’ argument is just a means to try to force China to submit to the US and not try to move ahead of it. Not going to work. Trump is just going to backtrack and move on to another tweeting point, as always. Notice they never mention the non-trade part of the discussion the paragraph.

    Pure propaganda piece from the USMSM propaganda mill.

  2. Cloggie on Mon, 4th Mar 2019 10:05 pm 

    If this deal succeeds, Trump2020 seems to be assured, with more “white flight” from Dems to Reps.

    https://www.researchgate.net/publication/324267606_Polarization_Demographic_Change_and_White_Flight_from_the_Democratic_Party

    https://www.pressherald.com/2016/11/10/analysis-white-working-class-flight-from-democratic-party-has-been-brewing-for-years/

    Kicking the demographic can four more years, postponing CW2 with four more years.

  3. Davy on Tue, 5th Mar 2019 6:36 am 

    If this trade deal goes through and succeeds it will mark the end of globalism as we know it. It will be the dawn of managed trade. Bilateralism will be the name of the game. Bilateralism is having strong results now but if the two largest economies embrace it then trade from here on out is going to change. I have questions this will succeed for very long because the real issue with the US and China is about hegemony. It is about a competition for top power on all fronts. It is possible a deal could bring the two nations closer together in cooperation to manage this super power competition. If the trade deal fails this could lead in the direction of a hotter cold war. Both sides need the deal because both economies are hurting and too dependent on each other. It is just uncertain if the pride both nations have can swallow compromise.

  4. Davy on Tue, 5th Mar 2019 6:50 am 

    The Chinese property bubble is bursting.

    “It Begins: China’s Largest Property Developer Will Sell All Homes At A 10% Discount”
    https://tinyurl.com/y5oubq3e Zero Hedge

  5. Davy on Tue, 5th Mar 2019 7:09 am 

    “Deflationary Red Alert: Chinese Car Dealers Are Slashing Prices, And It’s Not Helping”
    https://tinyurl.com/y4wza5ue Zero Hedge

    “A new deflationary tide is rising amid the battleground that is China’s auto industry, where manufacturers and dealers are scrambling to try and find a solution to tumbling demand, and while many have resorted to generous incentives and loan offers for consumers to regain market shares, Bloomberg reports that so far none of the measures have succeeded in stimulating the moribund local car markets. Incentives and reductions totaling more than 10% of the sticker price are now common, while interest free loans are also being offered to try and lure car buyers to showrooms, especially outside of China’s major cities. For now, however, buyers still aren’t taking the bait and car sales continue to decline this year in China, after their first annual drop in more than two decades.”

  6. Davy on Sat, 9th Mar 2019 5:17 am 

    Just making sure I hit all the bases.

    I’m so sorry PO.com readers for losing my shit this morning. I realize it’s not too difficult to figure out I routinely engage in identity theft and deploy multiple sock puppets.

    Why? I am sick.

  7. Not Davy on Sat, 9th Mar 2019 5:19 am 

    Davy on Sat, 9th Mar 2019 5:17 am

  8. JuanP on Sat, 9th Mar 2019 5:20 am 

    Just making sure I hit all the bases.

    I’m so sorry PO.com readers for losing my shit this morning. I realize it’s not too difficult to figure out I routinely engage in identity theft and deploy multiple sock puppets.

    Why? I am sick.

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