China waives tariffs on 16 American products

China waives tariffs on 16 American products


THOSE TO CONTINUE TO BE SOLD. CHARLES? CHARLES: THANK YOU VERY, BLAKE VERY MUCH. FAST MOVING DEVELOPMENTS. THE PRESIDENT DISCUSSING THE LATEST DEVELOPMENTS IN CHINA AFTER THEY EXEMPTED 16 ADDITIONAL U.S. PRODUCTS FROM TARIFFS TODAY.>>I THINK THEY DID THE RIGHT THING. I THINK GOOD FOR THEM BUT THEY TOOK THEM OFF. I THINK, I THINK IT WAS A GESTURE OKAY? IT WAS A BIG MOVE. I WASN’T SHOCKED. CHARLES: DESPITE THE GOOD NEWS A NEW SURVEY SHOW AMERICAN COMPANIES ARE STILL CANCELING INVESTS. IN FACT THEY’RE CANCELING THEM AT A FASTER RATE. WHAT DOES IT ALL MEAN AS THE TWO SIDES PREPARE TO MEET NEXT MONTH? I WANT TO BRING IN FORMER COMMERCE DEPARTMENT DIRECTOR CHRIS GARCIA. WE’VE SEEN IN THE LAST WEEK CERTAIN OVERTURES WITH REGARD TO CHINA CONCERNING THE SITUATION IN HONG KONG. THEY AGREED TO MEET IN OCTOBER. THIS WEEK WE’VE SEEN A SERIES OF OLIVE BRANCHES OF SORTS, COUPLED WITH CONTINUED POOR ECONOMIC DATA COMING OUT OF COUNTRY, AND THAT THEY ARE UNDER PRESSURE AND SHOWING THAT PRESSURE WITH THESE OVERTURES?>>CHARLES, ON A DAY WE WILL NEVER FORGET. I RETURNED FROM A PEPPERDINE MEMORIAL ON PRAYER SERVICE, PLACING 3,000 AMERICAN FLAGS ON THE FRONT LAWN. I WOULD LIKE TO THANK PAT BOONE AND PEPPERDINE PRESIDENT JIM GASH CONTINUING THAT MEMORIAL. WITH RESPECT TO THE CHINA TRADE DISPUTE, THIS BACKS AND BOLSTERS PRESIDENT TRUMP’S TRADING POSITION PROVING HE WAS RIGHT ALL ALONG. THE AMERICAN BUSINESSES SAY TWO TOP CONCERNS ARE INTELLECTUAL PROPERTY PROTECTION AND ACCESS TO THE CHINESE MARKET. NOW THAT LIGHT IS BEING SHED ON CHINESE UNFAIR TRADE PRACTICE WHAT WE’VE SEEN THEY FORCED TECHNOLOGY TRANSFERS. THEY HAVE IN FACT STOLEN IP. WHAT WE’RE LOOKING AT FROM THE PRESIDENT NOT JUST PROTECTION OF IP AND FORCED TECHNOLOGY TRANSFERS AND STOPPING OF SUBSIDIES, SUBSIDIES FROM STATE-OWNED ENTERPRISES TO STATE-OWNED ENTERPRISES OR CHINESE COMPANIES OUTRIGHT, BECAUSE THEY OUTRIGHT BLOCK AMERICAN COMPANIES FROM COMPETING. ALL PRESIDENT TRUMP WOULD LIKE TO SEE, THIS GOES BACK TO BOTH PETER NAVARRO AND LARRY KUDLOW’S ASK, WHICH IS TO HAVE ZERO SUBSIDIES, ZERO TARIFFS, ZERO NON-TARIFF BARRIERS. GREAT TO SEE THE BUSINESS COMMUNITY BACKING UP PRESIDENT TRUMP WITH A SURVEY. CHARLES: IN THIS AMERICAN CHAMBER OF COMMERCE SURVEY, INCREASED PURCHASES OF U.S. GOODS, I WOULD THINK THAT MIGHT BE NUMBER ONE FOR PRESIDENT TRUMP. BY THE WAY THE EASIEST THING PERHAPS FOR CHINA TO DO, HEY, WE’LL BUY MORE OF YOUR STUFF. THE HARDER THING, INTELLECTUAL PROPERTY, THEY STILL WANT TO BE THE PREEMINENT NATION IN THE WORLD. I THINK THAT IS THE STICKING POINT. THE SOUTH CHINA MORNING POST SAYING YESTERDAY THAT A DEAL COULD BE DONE THIS YEAR IF AMERICA WOULD GO WITH 80% WHAT THEY HAD ON THE TABLE BUT IP, HOW CRITICAL IS THAT IN THERE?>>THE IP PROVISIONS IS BASIC. IF A COMPANY INVESTS THIS MUCH MONEY IN R&D AND INVEST BILLIONS AND BILLIONS OF DOLLARS AS U.S. COMPANIES DO IN NEW TECHNOLOGIES, THOSE NEW TECHNOLOGIES SHOULD BE PROTECTED THAT IS BASIC COPYRIGHT PROTECTION. ANY DEAL WITH CHINA, AMERICAN BUSINESSES CONCUR WITH THAT, ANY DEAL WITH CHINA MUST INCLUDE ENFORCEABLE PROVISIONS. TALK IS ONE THING. WHEN YOU HAVE BEIJING WALKING AWAY FROM THE TABLE AS THEY DID IN MAY, THAT SHOWS ME MAYBE THEY’RE NOT PERHAPS READY TO MAKE SUBSTANTIVE CHANGES REQUIRED FOR THE DEAL. CHARLES: LOOK AT 28% SAY THEY WANT IMPROVED INTELLECTUAL PROPERTY PROTECTION IN DIFFERENT WAY. THAT IS OVER 70% SAYING THEY DON’T CARE. THEY’RE OKAY WITH A FAUSTIAN DEAL, OKAY GETTING RIPPED OFF AS LONG AS THEY HAVE ACCESS TO THAT MARKET. WHAT DO WE SAY WITH COMPANIES THAT ARE OKAY WITH BEING RIPPED OFF AS LONG AS THEY GET ACCESS TO 1.3 BILLION ADDITIONAL CUSTOMERS?>>IT IS NOT A GOOD THING FOR AMERICAN WORKERS TO SEE THOSE COMPANIES OKAY WITH THAT APRIL D I.P. THEFT, MAYBE THEY DON’T HAVE SENSITIVE IP EXPLOITED BY CHINA. THAT MAY BE A WAY TO READ THAT SURE PAY AS WELL. THEY OFFERED SOUND ADVICE TO U.S. BUSINESSES. WHILE WE WANT TO MAKE SURE WE HAVE ACCESS TO CHINESE MARKETS BUT WE WANT TO MAKE SURE ON THE OTHER SIDE WE FORCE CHINA TO PLAY BY THE RULES BY DIVERSIFYING U.S. MANUFACTURERS SUPPLY CHAINS F WE CAN FIND A WAY TO GET CHINA TO FEEL THAT PRESSURE, AGAIN THERE MIGHT BE A LITTLE BIT OF SHORT-TERM PAIN BUT IN THE LONG RUN WE’LL HAVE MORE PROTECTED INTELLECTUAL

100 thoughts on “China waives tariffs on 16 American products

  1. That's good, now stop currency manipulation, tech theft, and work like a real trading partner for fair trade and we'll get something done.

  2. Mr President don’t listen to the truly fascist group in the Democrat Party, some of them really hate Americans and America. I thought how can this be, but truly action speak louder, than words ,and now the words are flowing out of there mouths like water. I truly wish we understood that socialism is acid to individual freedom.

  3. Cancer drugs, lubricants, pesticides and shrimp meal, WOW…as far as the cancer drugs they can get those from other Countries. The ones that really count are the soybean farmers, and Ag…..they will find other providers for these!..China will/can hold out!….So, don't hop hooray until American Farmers are once again providing their goods to their number one consumer!!

  4. Don't soil your panties liberals ! Trump is a great President it's OK to say it perhaps by speaking it. It becomes the start for healing your psychosis of hate !!

  5. The "average" American can't fathom the game of chess that Trump is playing – and winning – with the Chinese, because the "average" American has almost zero critical thought abilities. They just know – from programming – that "government" will provide. For decades, our "leaders" have simply negotiated by PAYING whatever the Chinese demands were. It's like having someone come to your neighborhood once a month and go door-to-door shaking down the citizens. Pay, and the problem goes away. At long last, someone is standing up to the collector, and the MSM is gasping "oh, no…. we are going to be in REAL trouble…" People can't understand strategy, or the long-game. They only know instant gratification, which is tragic! We've been appeasing the aggressors for far too long – so much so that appeasement has become the expected tactic of the establishment politicians. Look at what Obama did. He sent – literally – a pallet of CASH to Iran, believing that "this will make them play nice". It failed, and that money is now gone – forever – from the American economy. It's not enough to carry the "big stick"… once in a while, you need to brandish it about.

  6. Imagine american company are earning now until china copied it and sell a cheaper version . In the long run america loses. As the ceo says who cares let the person who will replace me carry that burden in the future what matter is now i can have a lot of money.

  7. Can't deny that the guy is working on China. He zooms over to the UK, North Korea, building a wall. New stores opening in my old neighborhood I left. He's doing something.
    Meanwhile, the other lot is stuck on Trump's "weather" forecast for a good week!

  8. The market is gonna go crazy tomorrow! I think I might grab a few options in the morning. Great news and good on the President for finally pushing back on China and their underhanded tactics.

  9. Trump just keeps on winning and the liberal biased media has to resort to fairy tales and fake news to try to make him look bad.

  10. If the Environmental Radicals were being truthful, they would be protesting China and American business' who are in China contributing pollution to one of the Worlds worst Environmental Offender.

  11. Don’t let up the pressure. Don’t arm your enemy out of your own pocket. The China would set our nation on fire if they thought they could get away with it.

  12. China blinked. My farmer relatives and friends in Iowa are happy. Iowa produces more corn, soybeans and pork than any State. Unemployment is around only 2.4%. China can't grow enough to feed their people.

  13. 冷知识:骆驼属于慢行动物,它虽然行动缓慢,但却很有耐力、这种名副其实的负重动物载重可达半吨,并能每天行走30英里。

  14. Never forget that China produces some of the most toxic and polluting products for our benefit. China has destroyed their waterways and took advantage of their people producing products at a low cost for our benefit: never forget that: as we shoot ourselves in the foot to the country that holds most of our debt.

  15. Time for some sobering truth. I can not begin to count the # of times I have watched (first hand) Americans ( most often from Ca. NY, NJ and Detroit) encourage and at times insist that China companies ignore US patents to produce items destine for the US

  16. I have to admit, it was time to slap China in the face, and MUST continue to…All other East Asian countries on the Pacific Rim should coordinate and do the same to prevent China of pushing their unwanted sphere of influence into those surrounding regions

  17. My employers are one of the largest retail companies in the world; we do BILLIONS in annual sales! Many of the products we sell are made in China, but I'm telling you now, those products are greatly inferior to the products we get from Israel, India, even Mexico, and especially the USA! So I say screw China and it's terrible quality made through (virtually) slave labor! Buy American and the tariffs won't matter.

  18. I've tried to stop buying made in China but there hardly anything made in America any more everything comes from China or is made there and sent to another country to be assembled

  19. it means that the liberal business in america are trying to cause a recession just to spite the president. If Donald J. Trump came out in favor of breathable air, the democrats would suffocate.

  20. But China is still STEALING our intellectual property. That MUST stop 🛑 first, before tariffs are lifted by President Donald Trump.

  21. .. it seems like China is trying hard to find a better track in dealing with our current President. Playing from behind for a change.

  22. USA CEOs should NOT sign any contract with China and do businesses there if China forced them to transfer tech.
    USA CEOs should pull out from China if IP thefts are proven with substantial proofs and China did not act upon them. Oh, don't forget to sue China for it too.

    China should implement a law to force all USA CEOs to attend moral education first before allowing them to do business in China. Why?
    If USA CEOs agree to sign a contract with China without being forced, they should abide to the agreement/contracts and DON"T cry out loud for being forced to transfer tech. The moral education should emphasize that anyone can always walk away without signing a contract with China. And after signing the contract, one should follow the rule of law and don't cry out loud.

    With these rules and moral education, nobody will rip and be ripped off. World trade would prosper.

  23. OIL SEED TO BRAZIL, SEAFOOD TO CANADA, BEEF AND PORK TO UK AND THE EU, TRUMP'S 85 OIL REFINERY RESTRICTIONS WAIVERS COMPOUNDING THE FINANCIAL PAIN, 35 ETHANOL PLANTS COULD CLOSE BY YEARS END PER "BIO FUELS DIGEST AUG 29, 2019, "TOP 5 COUNTRIES DITCHING U S DOLLAR & THE REASONS BEHIND THE MOVE "RT AMERICA JAN 2, 2019" "CHINA AND IRAN 25 YEAR AGREEMENT FOR OIL NO U S DOLLARS NECESSARY, BARTERING WITH OIL, YUAN , BACKED BY GOLD AND PRECIOUS METALS

  24. China just waived of tariffs on 16 USA good's. The dragon taking it's white worms cans with egg supplier's. What China owns and reproduced UNDER reproductory system and takes into it's dragon cave under a mountain.
    What is done will return back. China is in between nutcracker. Can't move it's nut's and have to take the bites regularly.

    It's POTUS power🗜✂

  25. China is an evil regime who treats its people like trash what's a money that they make in America then he goes to Hong Kong was to steal their peace and their freedom because he's a greedy evil dictator I don't buy anything from China as much as possible that I'm aware of most things from China are usually cheap items I think Americans could sacrifice for the people of China who are under his regime we can't keep falling down and helping a dictator in this world anymore

  26. PRAYING JESUS, HELP US YIELD AND TO SURRENDER TO YOUR PERFECT AND PERFECTING WILL AND WAYS, PERSONALLY AND PROFESSIONALLY,,, JESUS TEACH US YOUR PERFECT LOVE, FORGIVENESS AND PRAYERS WILL DRIVE OUT ALL FEAR, OPEN UP COMMUNICATION, WILL ALLOW YOUR PROCESS/SYSTEMS OF ORDER, BRINGING A TEACHABLE SPIRIT OF YOUR WISDOM AND APPLICATION THROUGH YOUR TRANSFORMATION OF OUR MINDS AND HEARTS,,, JESUS WE SURRENDER OUR FREEWILL TO YOU PERFECT WILL, AND PRAISE YOUR NAME THAT DISTINGUISH'S,THE GOD WE SERVE THAT GIVES LIGHT TO ALL DARKNESS, ''FOUNDATION-ED'' IN TRUTH, GRACE OF FAITH TO BELIEVE IN THE ONE WHO HE HAS SENT, AND ALL SHALL BE SAVED IN THE NAME OF JESUS… I AMen

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