What the "Dow" is happening?

eyephone said:
eyephone said:
Will there be a deal or no deal regrding the tariffs?
Click to expand...

If your company or clients have inventory on the water from China. Get ready for a big impact!
Click to expand...

In transit is purposely exempt giving about 2 more weeks of negotiation time.  They'll close a deal.

US to exempt Chinese goods in transit from potential tariff increase


Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found athttps://www.ft.com/tour.
https://www.ft.com/content/80e74e22-71de-11e9-bf5c-6eeb837566c5

A US trade official said that the higher tariffs on $200bn of Chinese goods would apply to products exported from the Asian nation starting on Friday and not goods that are already in transit.

The clarification from the Trump administration on Wednesday offers US and Chinese negotiators a window of two to four extra weeks to reach a deal before the bulk of the pain from the higher tariffs directly hits US consumers and businesses, based on shipping times between the countries.

https://www.ft.com/content/80e74e22-71de-11e9-bf5c-6eeb837566c5
 
morekaos said:
eyephone said:
eyephone said:
Will there be a deal or no deal regrding the tariffs?
Click to expand...

If your company or clients have inventory on the water from China. Get ready for a big impact!
Click to expand...

In transit is purposely exempt giving about 2 more weeks of negotiation time.  They'll close a deal.

US to exempt Chinese goods in transit from potential tariff increase


Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found athttps://www.ft.com/tour.
https://www.ft.com/content/80e74e22-71de-11e9-bf5c-6eeb837566c5

A US trade official said that the higher tariffs on $200bn of Chinese goods would apply to products exported from the Asian nation starting on Friday and not goods that are already in transit.

The clarification from the Trump administration on Wednesday offers US and Chinese negotiators a window of two to four extra weeks to reach a deal before the bulk of the pain from the higher tariffs directly hits US consumers and businesses, based on shipping times between the countries.

https://www.ft.com/content/80e74e22-71de-11e9-bf5c-6eeb837566c5
Click to expand...

Isn't that was said when the tariffs got started?  And instability and uncertainty are great for business planning.
 
The stuff on the water is exempt from 25%, however, the stuff that leaves today from China is at 25%.  So an ocean bill of lading of 05.10.2019 and onward would get at 25%?

So you think when it finally reaches Longbeach an agreement would be reached and the 25% would be lifted?
 
Irvinecommuter said:
eyephone said:
We love the drama. Let it ride!
Click to expand...

And then Trump realizes that he has been playing blackjack all along!  HIT ON 48!
Click to expand...

Tell him to share the beautiful letter that he received from President  Xi.  (Drama at its best!)

People dont get tarriffs in general. So I say let it ride.
 
I'm sure with all these tariffs on China, they have a motive to want him out of office in 2020.
I wonder if a democratic president would keep these tariffs going.
 
Biden would cave, not sure of Bernie and the others.  Like him or not, Trumps right on this issue. The Chinese have been crapping on us for years. Someone had to stand up.  You can argue method but his position is correct.
 
morekaos said:
Biden would cave, not sure of Bernie and the others.  Like him or not, Trumps right on this issue. The Chinese have been crapping on us for years. Someone had to stand up.  You can argue method but his position is correct.
Click to expand...

We are still waiting for him to take them to Mc Donald?s like he said on the campaign trail. Instead he has nice expensive state dinners. (The opposite of what he said)
 
morekaos said:
Biden would cave, not sure of Bernie and the others.  Like him or not, Trumps right on this issue. The Chinese have been crapping on us for years. Someone had to stand up.  You can argue method but his position is correct.
Click to expand...

No one disagrees about position...the methods are important.  Trump basically distant all of US economic allies by slapping tariffs on them and then gets into a trade war with a county run by a oligarchy who controls all levers of economy and politics and has no term limits.

It's pure stupidity.

 
Trump to his cronies "hey guys want to make another couple hundred mil this week? Watch this heh heh heh"

*tariff tweet*

 
morekaos said:
The markets get it.
Click to expand...

Trump's new China tariffs will kill retail industry: American Apparel and Footwear Assn. CEO

?41 percent of all apparel, 72 percent of all footwear, 84 percent of all accessories come into China. We can't escape it, and with the imminent rise from 10 to 25 percent, our members have goods on the water. They're going to get hammered,? said.

The increased tariff would affect nearly 6,000 products and parts, including such items as furniture, clothing, electronics, handbags, luggage, hardware, shampoo, perfume, dishes, bedsheets, bicycles, meat and cereal. Bank of America Merrill Lynch Opens a New Window.  is predicting new-vehicle prices could rise as parts from China become more expensive.
https://www.foxbusiness.com/economy...dustry-american-apparel-and-footwear-assn-ceo

 
You must log in or register to reply here.
Back
Top