Data Point: China agrees to reduce their tariffs on American cars

President Donald Trump said on Sunday that China had agreed to “reduce and remove” tariffs on U.S. cars below the 40 percent level that Beijing is currently charging on American-made vehicles. A day after he and Chinese President Xi Jinping called a 90-day cease-fire in their trade war to allow time for negotiations, Trump said on Twitter: “China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently the tariff is 40%.”

More Trump winning?  It certainly sounds good but let’s wait to blow the horns and throw confetti until we see what that percentage is going to be – 39% is still nuts but a 10%?  Or less?

Trump is using America’s economic power instead of using military power in pushing back on China as well as the EU (as they also have dropped their tariffs – especially Germany that depends on American sales of its luxury brands).  And let’s not forget that the tariffs on pork and soybeans that China put on those American Ag products have now been lifted as well as the outright ban as their crops were insufficient and their pork stocks are suffering from a rampant viral infection. China blinked.

Funny how Communist nations can’t reliably feed their citizens (or worse, deliberately refuse to).

Skip
by Skip

Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom (and how Government is taking that away from us). My fight, from a Conservative (with small “L” libertarian leanings) and evangelical Christian perspective, is with the Progressives that are forcing a collectivized and secular humanistic future upon us. As TEA Party activist, citizen journalist (and pundit!), my goal is to use the New Media to advance the radical notions of America’s Founders back into our culture again.