The Briefing Room

General Category => Economy/Business => Topic started by: OfTheCross on October 11, 2019, 11:44:52 am

Title: U.S.-China Tariff Actions by the Numbers
Post by: OfTheCross on October 11, 2019, 11:44:52 am
Quote
If all scheduled tariff increases take effect, by the end of 2019 nearly all U.S. imports from China will be subject to new or increased tariffs, most in the range of 15%-30%, while approximately two-thirds of China's imports from the United States will be subject to new or increased tariffs, most in the range of 5%-30%. The United States initially imposed tariffs primarily on intermediate goods, but consumer goods including cell phones, computers, and toys are scheduled to face new tariffs on December 15, 2019. China's retaliatory tariffs have largely targeted agricultural products, particularly soybeans, while aircraft and semiconductors have mostly been excluded from Chinese tariff increases.

everycrsreport (https://www.everycrsreport.com/reports/R45949.html#_Toc21517213)


interesting info

(https://www.everycrsreport.com/files/20191009_R45949_images_4d73f85ae8d6446684bf21200ec863b771e87733.png)
Title: Re: U.S.-China Tariff Actions by the Numbers
Post by: IsailedawayfromFR on October 11, 2019, 01:28:01 pm
Quote
If all scheduled tariff increases take effect, by the end of 2019 nearly all U.S. imports from China will be subject to new or increased tariffs, most in the range of 15%-30%, while approximately two-thirds of China's imports from the United States will be subject to new or increased tariffs, most in the range of 5%-30%. The United States initially imposed tariffs primarily on intermediate goods, but consumer goods including cell phones, computers, and toys are scheduled to face new tariffs on December 15, 2019. China's retaliatory tariffs have largely targeted agricultural products, particularly soybeans, while aircraft and semiconductors have mostly been excluded from Chinese tariff increases.

everycrsreport

Your source is not up-to-date as this statement is not true.
http://www.gopbriefingroom.com/index.php/topic,375436.msg2054373.html#msg2054373 (http://www.gopbriefingroom.com/index.php/topic,375436.msg2054373.html#msg2054373)
Title: Re: U.S.-China Tariff Actions by the Numbers
Post by: OfTheCross on October 11, 2019, 01:46:52 pm
Your source is not up-to-date as this statement is not true.
http://www.gopbriefingroom.com/index.php/topic,375436.msg2054373.html#msg2054373 (http://www.gopbriefingroom.com/index.php/topic,375436.msg2054373.html#msg2054373)

The tarrifs were/are placed, though. That's an accurate statement in the source.

Have they been officially lifted yet? Or is it pending talks?
Title: Re: U.S.-China Tariff Actions by the Numbers
Post by: IsailedawayfromFR on October 11, 2019, 02:24:42 pm
The tarrifs were/are placed, though. That's an accurate statement in the source.

Have they been officially lifted yet? Or is it pending talks?
From yesterday, China is increasing soybeans imports and pork imports are now at an alltime record.

https://www.etftrends.com/alternatives-channel/agriculture-etfs-could-rebound-as-china-resumes-imports/ (https://www.etftrends.com/alternatives-channel/agriculture-etfs-could-rebound-as-china-resumes-imports/)
Title: Re: U.S.-China Tariff Actions by the Numbers
Post by: OfTheCross on October 11, 2019, 02:45:48 pm
From yesterday, China is increasing soybeans imports and pork imports are now at an alltime record.

https://www.etftrends.com/alternatives-channel/agriculture-etfs-could-rebound-as-china-resumes-imports/ (https://www.etftrends.com/alternatives-channel/agriculture-etfs-could-rebound-as-china-resumes-imports/)

Nice.

"The sudden shift in trade and influx in agricultural orders come ahead of high-level U.S.-China trade talks in Washington that began today, Thursday. China’s renewed interest in soybeans and pork may be construed as an attempt to de-escalate a prolonged trade war that has gripped the global markets and upended U.S. farm product exports to the world’s largest commodities importer."

Hopefully they hammer out a real deal
Title: Re: U.S.-China Tariff Actions by the Numbers
Post by: IsailedawayfromFR on October 11, 2019, 05:25:06 pm
Nice.

"The sudden shift in trade and influx in agricultural orders come ahead of high-level U.S.-China trade talks in Washington that began today, Thursday. China’s renewed interest in soybeans and pork may be construed as an attempt to de-escalate a prolonged trade war that has gripped the global markets and upended U.S. farm product exports to the world’s largest commodities importer."

Hopefully they hammer out a real deal
What it means is those graphical projections laid out are meaningless.
Title: Re: U.S.-China Tariff Actions by the Numbers
Post by: OfTheCross on October 11, 2019, 05:46:13 pm
What it means is those graphical projections laid out are meaningless.

but the historical data is still of value  :thumbsup:
Title: Re: U.S.-China Tariff Actions by the Numbers
Post by: IsailedawayfromFR on October 11, 2019, 08:29:09 pm
but the historical data is still of value  :thumbsup:
Yep, the ones that show the Chicoms began the trade wars sometime ago.