Trump gets to keep a 10% tariff on China. It should be 15%, so he capitulated a little more than I thought he would. He will likely get a deal to curtail the fentanyl-flow. Stealing technology? Forget it, you might as well ask the Chinese to lose the slant in their eyes. Any deal will be based upon the actual trade surplus going down, which means hidden tariffs and barriers to market entry won't work for China.ConservativeWave » Yesterday, 3:55 pm » wrote: ↑ Just saw a report that China and Trump have reached a deal... IF TRUE, it tells us a LOT of things:
1) I can't imagine that ANY trade deal would be made that didn't include ALL of the provisions that China agreed to in 2018, and then BROKE as soon as Joe Biden was elected... THAT deal included requirements that China NOT steal American technology any longer, Opening up their imports (not just exports), and NO LONGER engaging in a laundry list of other illegal trade activities... that were explicitly stipulated in the 2018 agreement...
2) They will have to have agreed KNOWING that Apple, HP, Google, Walmart and OTHER companies have decided to LEAVE China...
3) THEY may have ONLY made the agreements expecting to WAIT OUT Trump, and HOPING for another Democrat to take office... so they can BREAK all the agreements JUST like the did before...
I would think Donald Trump has sim surprises for them if that is true !!