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Wonder what the tariff was on that jet that was gifted (grifted) from Qatar.
Business licenses for his next major hotel project in the country, probably. Or maybe friendly bankers who don't mind dealing with an un-lendable crook?
U.S. tariffs of 145% on Chinese goods and Chinese tariffs of 125% on U.S. goods were nonsensical. In essence, a de facto trade embargo between the two largest economies in the world was in place. Temporarily dropping U.S. levies on Chinese goods to 30% while dropping Chinese levies to 10% on U.S. goods is a welcome development. However, much hard work remains. We will need to see what transpires over the next 90 days and beyond...
Derek Scissors of the American Enterprise Institute discusses the U.S./China tariff pause and provides an unbiased analysis of the situation.
Comments
In essence, a de facto trade embargo between the two largest economies in the world was in place.
Temporarily dropping U.S. levies on Chinese goods to 30% while dropping Chinese levies to 10%
on U.S. goods is a welcome development.
However, much hard work remains.
We will need to see what transpires over the next 90 days and beyond...
Derek Scissors of the American Enterprise Institute discusses the U.S./China tariff pause
and provides an unbiased analysis of the situation.
https://www.pbs.org/newshour/show/whats-next-for-trumps-trade-war-after-pausing-tariffs-with-china
https://pbs.org/newshour/show/whats-next-for-trumps-trade-war-after-pausing-tariffs-with-china
Thanks for letting me know the link was broken.
I inadvertently omitted the protocol (https).
The link has been fixed.
https://finance.yahoo.com/news/xi-defiance-pays-off-trump-212056893.html