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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
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/
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.
but the historical data is still of value