Daily Caller: The Chinese president appeared to offer President Donald Trump a handful of trade concessions in a speech Tuesday, but it is unclear if Beijing will come through on its promises.
Washington and Beijing are locked in a fierce battle over trade, with each side threatening the other with hard-hitting tariffs on key exports, but Chinese President Xi Jinping signaled Tuesday that China may be willing to make certain compromises on trade.
Xi vowed to greatly improve market access, strengthen the protection of intellectual property rights, and expand imports by reducing trade barriers. “We will considerably reduce auto import tariffs, and at the same time reduce import tariffs on some other products,” he explained at the yearly Boao Forum. The markets seemed to respond positively.
The Chinese president’s comments followed Trump’s criticisms on Twitter of China’s high tariffs on foreign vehicle imports. more here
China will a true test of the Trump presidency. He has moved the ball, but I think they hold the stronger hand.
We have allowed the unchallenged china growth for too long.
With those slanty eyes, who can tell?
We will be in a shooting war with them by 2020.
Make America great. Go trump.
China keeping their $375 billion/year trade surplus with the US isn’t blinking and only furthers their aim of making the USA their farming colony.