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24-05-2022, 07:43 AM
Biden is considering lowering tariffs on Chinese products to boost market confidence.
The Dow Jones closed up 618.34 points or 1.98% to 31880.24 points; the S&P 500 rose 1.86% to close at 3973.75 points; the Nasdaq closed up 1.59% to 11535.27 points; the Philadelphia Semiconductor Index rose 0.55% to 2898.43 points.
https://tw.appledaily.com/property/20220...NVZWXGE2M/
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They think they were great imposing tariffs.
Now see who needs who.
What goes around comes around.
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the tarrif is no use bec the war in Russia is still on going and inflation will make stuff even more expensive
this move is forced ..bec the his people are feeling the pain of inflation
but the old fart still wants to fight China ...what a joke , China is neutral and didnt start any facking war for the last 40 yrs
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The problem now is US wants to lower Tarrifs on China goods to deflate US inflation but China now doesnt even bother to lower down the tariffs they imposed on US goods.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(This post was last modified: 24-05-2022, 10:22 AM by
RiseofAsia.)
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China don't need to lower the tariff at all.. not much industrial production anyway; no raw materials to import.
China Industrial Production Mom
source:
tradingeconomics.com
China Manufacturing Production
source:
tradingeconomics.com
(This post was last modified: 24-05-2022, 10:50 AM by
revealer.)
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China shd increase tariffs instead...play balls ding dong with the world's sheriff, bullies who will keep on threatening u...no point to b nice to angmos cos all brainwashed by their govt n powederful biased mass media to b anti chinese asians
Just implement boiling frog strategy.