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

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About the Author: Oren Garnes

34 Comments

  1. China is just hoping to wait out his run as president though…they have dictators who stay in power longer than our presidents, so even if trump wins again, they’re just waiting for the next democrat who they can walk all over in negotiations.

  2. Who gives a hoot!!Keep your foot on the Chi-coms necks Mr. El Presidente 🤩🇺🇸❤️🇺🇸❤️✅❤️🇺🇸✅. .. where uP side DOwn 500 Billion, with a B with these thieves!!!!!!!!!!! Full Speed ahead, “We Shall March to The End, No Matter What the Cost May Be!

  3. Why is trump and Ivanka still send their jobs to China, Mexico, and Indonesia ?   China is giving the trump the finger and trump is saying he sees 2 hands in the air and are giving up.  DON'T buy it.  FAKE NEWS FROM TRUMP again

  4. People are all "I'm not buying made in China, they are a terrible communist nation" then they buy from Amazon, a terrible company with disgusting business practices and treatment to employees.

  5. They lifting tariffs on the products that the American companies they secretly own to make more $off America!! My first thought when I read headline

  6. Wow! Trump is getting things done as an aggressive businessman but also as POTUS working for the people who did and didn't put him in office. While all them democrats are accomplishing is…well, uhmm. Accomplishing absolutely nothing except trying to oust a president that is standing up to bad deals with other countries, finds a way to get the wall built to protect both people wanting to come into this country LEGALLY and the ones already here.

  7. Chris Garcia has to plug 9/11 remembrance on this business article. I'd love to hear this what this Trump shill, Chris Garcia, would say about the North Carolina Republicans using 9/11 to trick Democrats into not showing up so they could deceptively pass their agenda without them present. I already know: he has no honor, just like the rest of his ilk. Fake patriots, all of them.

  8. Everyone needs to run for School Board. I am running in San Francisco.

    Require your doctor to sign a liability agreement before you will let them
    vaccinate your kid.  

    Hey, Kaiser already requires YOU to sign am Arbitration form.  

    Flip the deal on them. Require them to sign your form too.  

    Won't be easy, but we will win. Do you have a lawyer.
    You are going to need one. Sorry. But we will win.

    Please take your anger & run for School Board.

    Or Find a lawyer & sue your doctor.  

    The 1989 "No Liability" law for Big Pharma must be repealed.

    You should also run for school Board. I am running for School Board in SF.

    Take charge. Seize the time. We are going to me rallying in Sacramento

    every week for the next year.  

    Please form a group of 5 & join us.

    Do not despair. Do not give up. Act locally.

    Here is how I hit the streets in SF, locally, 7 days a week.  

    I bought a large case of Construction Chalk on line. 50 pieces.

    It is legal to write on the sidewalk with chalk.  

    I get down on one knee & write: "Vaccines cause autism." in foot high letters.

    I write it on 10 street corners every day at 9am to 12noon as I walk across town doing my regular job. I am self employed.

    Each one lasts for about a week.

    Each time I am doing this someone will walk up & tell me "You are wrong."

    I just diplomatically stand up & explain " I have an autistic daughter."

    I then get into a great discussion, mentioning the "Yale 2017 study proving that

    vaccines cause mental illness." I give them it on a short flyer.

    Or the 2018 UC Davis MRI study proving  that "if a baby has excess 

    fluid on the brain at age 6 months, by age 7, the child will be

    100% autistic, by age 7."

    I now have a team of 5 people doing the same thing in 5 towns.

    Please join us. Chalk.

    Youtube: paul8kangas

  9. Its because internal pressure for extreme shortage in these said products.Chinese are crook and shrewd enough to make the best of hour.

  10. its winter they need food . we got food we need to sell . a big pig die off , and a lack of pig feed adds to this out come . we got 26 millions of wild pigs . they can't support there 50 million pigs with out buying outside feed for there nation .this very easy . these support from the US for the last 30 year were and are wrong . why support a anti freedom nation note hong kong

  11. China will want to give some tariff exemptions if they want Trump to stay in power. And they do want to keep Trump in power. If Trump is voted out then the new Government will reinstate the TPP which will severely thwart China trade and Production. That includes to Russia etc because Companies will have the power to sue China for billions. Something I don't agree with. You cannot make a company more powerful than a country.

  12. We should of NEVER been trading with a sworn enemy and communist regime in the first place. Yet alone let American companies to build plants their.

  13. China exports industrial goods to the United States,The United States exports agricultural products to China,Who is developed country?

  14. Majority of items in Target is also made in China. It's very difficult for Americans to support Made in America when we can't find it on our shelves.

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