Friday, September 7, 2018

China To Increase Export Tax Rebates On 397 Products

Reuters
Staff Sept 7, 2018

BEIJING (Reuters) - China said on Friday it will increase export tax rebates for 397 items ranging from some steel products to electronic ones, in a bid to boost prospects for shipments amid its trade war with the United States.

The move comes as word is widely awaited on whether U.S. President Donald Trump will impose tariffs on another $200 billion of imports from China. A public consultation period in Washington on the proposal has just ended.

To date, the U.S. has imposed tariffs on $50 billion of Chinese products, and Beijing has reciprocated. 


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China is not our friend. China is China's friend, period.

President Trump has rolled up his sleeves and dragged out the mop and bucket for our long overdue, "Cleanup On Aisle China."

In plain English, this is called Winning.

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