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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (1185190)12/14/2019 10:23:00 AM
From: Sdgla2 Recommendations

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FJB
locogringo

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You in the bag already ? Wake up dumbass
Brilliantly Played – President Trump and USTR Lighthizer Present “Phase One” U.S-China Trade Deal…
Posted on December 13, 2019 by sundance
It is exactly as we thought it would be. There are multiple interests, nuances in details, a completely overlooked big picture, and the financial pundits are flummoxed.

CTH has followed the granular details over several years. In advance of a “phase one” announcement we noted a necessary paradigm shift needed to understand most of the dynamics at play [ SEE HERE]. It is all going according to a very visible plan. President Trump tweets:



China has agreed to a $40 billion agricultural purchase from the U.S. In exchange for that purchase President Trump will be maintaining the full 25 percent tariffs on approximately $250 billion of Chinese imports and reducing to 7.5 percent the tariffs on approximately $120 billion of Chinese imports (round two). [Those were 15% prior to reduction]

The net difference (dropping 15% to 7.5%) is around $9 billion in tariff relief. Additionally, the U.S. is “suspending” the December 15th tariffs pending compliance verification with the non-tariff issues and China pledges.

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