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Thread: Huge Phase One Trade Agreement Announced by Trump

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    Huge Phase One Trade Agreement Announced by Trump

    This is big! It is yuge!

    Quote Originally Posted by President Ellipsis
    We have agreed to a very large Phase One Deal with China. They have agreed to many structural changes and massive purchases of Agricultural Product, Energy, and Manufactured Goods, plus much more. The 25% Tariffs will remain as is, with 7 1/2% put on much of the remainder...

    .....The Penalty Tariffs set for December 15th will not be charged because of the fact that we made the deal. We will begin negotiations on the Phase Two Deal immediately, rather than waiting until after the 2020 Election. This is an amazing deal for all. Thank you!
    So as can be seen, a huge deal based on the details provided. Let me sum them up:
    • -
    • -
    • -


    So, based on that comprehensive list... the Chinese have given into American demands of no actually established level... for no benefit of their own. That is as believable as the movie 2012. Granted, there isn't much to contradict Trump as all he actually says is that the tariffs generally remain in place.

    And in due course... Dow goes wild.

  2. Top | #2
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    Quote Originally Posted by Jimmy Higgins View Post
    This is big! It is yuge!

    Quote Originally Posted by President Ellipsis
    We have agreed to a very large Phase One Deal with China. They have agreed to many structural changes and massive purchases of Agricultural Product, Energy, and Manufactured Goods, plus much more. The 25% Tariffs will remain as is, with 7 1/2% put on much of the remainder...

    .....The Penalty Tariffs set for December 15th will not be charged because of the fact that we made the deal. We will begin negotiations on the Phase Two Deal immediately, rather than waiting until after the 2020 Election. This is an amazing deal for all. Thank you!
    So as can be seen, a huge deal based on the details provided. Let me sum them up:
    • -
    • -
    • -


    So, based on that comprehensive list... the Chinese have given into American demands of no actually established level... for no benefit of their own. That is as believable as the movie 2012. Granted, there isn't much to contradict Trump as all he actually says is that the tariffs generally remain in place.

    And in due course... Dow goes wild.
    You mean we are going to trade stealth tech to them?

  3. Top | #3
    Elder Contributor barbos's Avatar
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    In other words trade war with China hurts US

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    Quote Originally Posted by barbos View Post
    In other words trade war with China hurts US
    Lack of a trade deal hurts Trump's reelection chances.

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    Quote Originally Posted by Horatio Parker View Post
    Quote Originally Posted by barbos View Post
    In other words trade war with China hurts US
    Lack of a trade deal hurts Trump's reelection chances.
    Because it hurts US.

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    Quote Originally Posted by barbos View Post
    Quote Originally Posted by Horatio Parker View Post
    Quote Originally Posted by barbos View Post
    In other words trade war with China hurts US
    Lack of a trade deal hurts Trump's reelection chances.
    Because it hurts US.
    No, because Trump's supporters, for the most part, don't have a clue.

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    Quote Originally Posted by Horatio Parker View Post
    Quote Originally Posted by barbos View Post
    Because it hurts US.
    No, because Trump's supporters, for the most part, don't have a clue.
    And that doesn't hurt nearly as much as it should. :/

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    Quote Originally Posted by Jimmy Higgins View Post
    And in due course... Dow goes wild.
    Lol! The markets have long since priced in the fact that what Trump says isn't worth the air molecules that move when he speaks. Any continuing gains at this point reflect bets that he'll get re-elected and give away another trillion or two to his donors and the Corporations they own.

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    Quote Originally Posted by Elixir View Post
    Quote Originally Posted by Jimmy Higgins View Post
    And in due course... Dow goes wild.
    Lol! The markets have long since priced in the fact that what Trump says isn't worth the air molecules that move when he speaks. Any continuing gains at this point reflect bets that he'll get re-elected and give away another trillion or two to his donors and the Corporations they own.
    Yup. The stock market likes His Flatulence because the tax cuts drive up stock prices, not that they do much of anything else good.

  10. Top | #10
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    Quote Originally Posted by Loren Pechtel View Post
    Quote Originally Posted by Jimmy Higgins View Post
    This is big! It is yuge!

    Quote Originally Posted by President Ellipsis
    We have agreed to a very large Phase One Deal with China. They have agreed to many structural changes and massive purchases of Agricultural Product, Energy, and Manufactured Goods, plus much more. The 25% Tariffs will remain as is, with 7 1/2% put on much of the remainder...

    .....The Penalty Tariffs set for December 15th will not be charged because of the fact that we made the deal. We will begin negotiations on the Phase Two Deal immediately, rather than waiting until after the 2020 Election. This is an amazing deal for all. Thank you!
    So as can be seen, a huge deal based on the details provided. Let me sum them up:
    • -
    • -
    • -


    So, based on that comprehensive list... the Chinese have given into American demands of no actually established level... for no benefit of their own. That is as believable as the movie 2012. Granted, there isn't much to contradict Trump as all he actually says is that the tariffs generally remain in place.

    And in due course... Dow goes wild.
    You mean we are going to trade stealth tech to them?
    Yes, and in return we're getting Morse Code.
    Dwight

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