China Starts Tariff Exemptions But Keeps Pressure on U.S. Farms

Sep.11 — China announced a range of U.S. goods to be exempted from 25% extra tariffs put in place last year, as the government seeks to ease the impact from the trade war without lifting charges on major agricultural items like soybeans and pork. Nejra Cehic and Juliette Saly assess the markets impact on “Bloomberg Daybreak: Europe.”

Author Since: Sep 20, 2018

  1. Apparently they're looking at implementing a floating tariff pegged to the Yuan, so no matter how their currency is manipulated, the tariff auto adjusts, based on an economic formula so they gain absolutely nothing in terms of trade advantage, by currency manipulation. It's a no win for them. As a result, the US is in a stronger position than ever.

  2. ๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ God Bless President Trump ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’•๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’• God Bless America!! ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’•๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’•President Trump 2020 ๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธAmerican needs job!! Hiring American buy American products. ๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ Boycott product made in China!! More tariff on China please!! ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’•๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’•Stop eating Chines poison food for your own health!!

  3. I thought China would never waiver? I thought China was all powerful? Its starting to look like China is blinking. They blinked with Hong Kong extradition bill, and now they are blinking with US ag goods. I guess that Pork/Food crisis is starting to get to the CCP. The 3rd stimulus in less than a year. One country is obviously showing signs of weakness, and it ain't the US.

  4. ๅ†ท็Ÿฅ่ฏ†๏ผš้ช†้ฉผๅฑžไบŽๆ…ข่กŒๅŠจ็‰ฉ๏ผŒๅฎƒ่™ฝ็„ถ่กŒๅŠจ็ผ“ๆ…ข๏ผŒไฝ†ๅดๅพˆๆœ‰่€ๅŠ›ใ€่ฟ™็งๅๅ‰ฏๅ…ถๅฎž็š„่ดŸ้‡ๅŠจ็‰ฉ่ฝฝ้‡ๅฏ่พพๅŠๅจ๏ผŒๅนถ่ƒฝๆฏๅคฉ่กŒ่ตฐ30่‹ฑ้‡Œใ€‚

  5. 38% is a MSNBC number from a democratic bias sample.
    Hillary Clinton had a 95% chance of winning.
    You still believe in polls.
    Why are you letting MSNBC pull you around like a donkey

  6. The Red Chinese communist are using our open capitalist system against us. Capitalism only works with nations who are free, value liberty and fairness. Red China has exploited this, The weakness of Western capitalism is that a powerful totalitarian regime like Red China can send it's millions of millionnares around the world and buy out strategic lands and assets worldwide.. When a Red Chinese persons buys it, He's doing it for the country. When a westerner does it, it's 99% for individual means. Meaning that the Red Chinese use cash to invade and take over.. Dirty cash = bullets. Suitcase with 2million worth of banknotes = big artillery shells or missiles.. so all Red Chinese owned lands and assets are basically occupied territory. The soldier on the ground is the person running the Red Chinese owned cafe. The Cafe business operation = artillery or tank group. If Red China own enough of all the businesses or lands in any country. It's game over. Meaning non Chinese are serfs with nothing or no future. By this stage of domination and with enough Han Chinese population due to pressure from within. It's officially a Red Chinese state. Red China have mastered the art of economic warfare for a long time. They're economic imperialists and we'll become serfs to them if nothing is done asap. It's time for the West to set up military academies on how to fight economic warfare and Economic Imperialism.. Red China will show no mercy to individual minded and God believing people's. It's up to us alive now to do something…

  7. obviously there is major misunderstanding of what is being reported here as Chinese tariffs on American farm products are being continued. Also China is essentially self-reliant in food as it exports huge quantities (largely to Southeast Asia) essentially equal to imports so any notion of pressuring China on food is a pipe dream. The fact is the world is awash with food from many countries other than the US mainly Brazil, Russia, Argentina, and Australia. As the US produces twice as much as we consume, farmers must export so loss of China market is major hit, hence the massive taxpayer-financed bailout from the federal government which only partially makes up the shortfall and adds to the national debt financed heavily by China! Also cheaper food for US consumers means less income for farmers who are cutting back on major purchases of machinery and other equipment hurting companies such as John Deere. Lose-lose as in all trade wars.

  8. Too HELL with China. Take the money raised through the tariffs on Chinese goods and subsidie the farmers. China will suffer more because of the trade imbalance.
    They don't stand a "Chinaman's chance in HELL" of winning a trade war.

  9. We spend billions per year on humanitarian aid. We could subsidize these farmers crops in a meaningful way. Instead of giving them money for nothing or for dumping crops on the ground to drive up prices, we could send all of the food to places that need it like PR or the Bahamas ๐Ÿ‡ง๐Ÿ‡ธ. Set a price that is fair to farmers and the tax payers.

  10. Looks like the Chinese have started eating the British!๐Ÿ˜ฒ๐Ÿ˜จ๐Ÿ˜ญ 'Soy'๐Ÿ‘ฒlent Green, Sheeple.. Soylent Green is right around the corner. 2022. Get ready sheeple. get ready to eat sheeple. ..figures the Chinese are the first to start it, they love their 'soy'.. they want to be British too. or S. Korean.

  11. To all of you democrats who follow the fascist cretins who have taken control of your party and specifically the gang of four sluts who hate our republic. Today we remember the more than 3000 wonderful brothers and sisters who died from satan's henchmen. We will never succumb. And to my dearly departed mother. happy birthday mom

  12. The biggest threat to American farmers is the Solar Minimum. Look it up. Also we should consider canning the ethanol program and the related subsidies. We will need corn to eat and sell. It's a failed experiment yet we cannot get out of it as the farmers are addicted to the handout.

  13. China is getting all that stuff from other counties. The US farmers have lost that market forever. The only way yo get even a part of it back to to cut prices like mad. China is now in a very good postilion for re-negotiation on all prices. It is now longer the price we want but the price that are willing to pay and they now have a backup source. US farms will have to sell so cheap that it will not be worth messing with. The ago of the US feeding the world has came to an end. We messed up and now the rest of the world has stepped in to take our spot. I wonder how many farmers will go belly up when this is done. And the backlash is going to be higher prices for us here in the US to buy the food grown right here at home. Get ready for less at the market and 2 to 3 times the price.

  14. They are also not following EPA rules, allowing runoff raw waste in Virginia and they donโ€™t care. They have ruined there land and now starting on ours because we sold them our businesses

  15. China is in serious trouble with major food shortages. China is buying up all of Africa's donkeys for meat. The donkey population is already reduced by 50%. China's agricultural fields are being devastated by army caterpillars, and the flooding from storms have destroyed their rice crops. Even American crops are devastated this year, along with Australia, India, and most Latin American countries. Potatoes are going to be very expensive this year.

  16. A handful of years ago, the Chinese bought the largest world pork producer that's located in the USA — Smithfield Foods. They also own other USA companies. Why would they tariff themselves, Bloomberg? ๐Ÿ˜†

  17. why does the world trade with China at all? are people still ignorant to the fact that China is a brutal dictatorship worse than the USSR? why does the world ignore the fact that millions of Chinese citizens are thrown in concentration camps?
    the internet is censored in China, you cant protest against the government or practice religion without being sent to a re-education brainwashing camp, they have no right to self defense. they are constantly watched by surveillance cameras and they literally have a social credit score which prevents citizens from traveling, getting good jobs etc if their score is low.
    the place is a dystopian nightmare and the richer the west makes them the worse things will get for the world. when the USA eventually collapses the world will be left with China running the show… its time to wake up people. the west thinks in the short term about our economy but China is thinking long term.

  18. As an American, you are so ignorant of your own country that I, an Asian, feel ashamed of you for your country. The United States will not be great for turning the whole world into American territory, or for turning all the people of the world into Americans. Because if there were to be one day, America would die of infighting all over the world. Because when you want to control the world, you also show your nature. When the world is not taken for granted, because of your nature, you will kill each other, and you will die. America's greatness now benefits from the gap between the rich and the poor in the rest of the world. If I were you, I would only think about how to keep that gap, and before that gap disappears, I would make the transition of all Americans to God's kind people. Because mercy is the ultimate source of America's greatness. At present, some poor countries know this truth and devote themselves to mankind. You, an American, dream of mastering the world every day. Find your own way, and take others with you?

  19. There have been mass crop failures all over the world, which will severely impact food prices for NEXT YEAR. I would not be surprised if China completely abandons all tariffs and restrictions on food imports – including food imports from America – to stock up foods for next year and beyond. A worldwide foot shortage is about the world next year, and China is pragmatic and always plans in advance.