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US, China Reach Temporary Agreement for 90 days, lower reciprocal tariffs - Foreign Affairs (3) - Nairaland 545j7

US, China Reach Temporary Agreement for 90 days, lower reciprocal tariffs (9349 Views)

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Noblechykk(m): 12:56pm On May 12
baralatie:

Which move on
Which deal did china make
Which countries
I tire. Another question you should have asked them is; where were those countries sourcing their goods before?

1 Like

omonnakoda: 12:58pm On May 12
Iweakbro:


This is a non-factual take. Are you a little kid? Go to YouTube and check China Uncensored, so you can learn the effect of the tariffs on Chinese companies whose market was the IS.
The fact that you have to ask if he is a little kid suggests that you lack a substantial argument
Make your point politely and respectfully

China uncensored on YouTube cannot be deemed to be a God ordained source of facts because you say so.
No right thinking person can say that there is no effect of tariffs on the Chinese just as there is on the US

How can that be measured objectively for comparison ? Debatable

Even if we could measure and put a number to it and say Oh the Chinese suffering is 70% and the US suffering is 20% that tells us NOTHING .
The Chinese may be willing to tolerate more pain than the US are. Maybe maybe not. We simply do not know. What we do know is

The US started this.
Trump has demanded that the Chinese Premier call him
The Chinese Premier refused to do that
He insisted that junior officials meet to negotiate first
That is what is happening now
If the officials agree a deal then he will meet Trump to sign it

Any argument about who is suffering more is pointless
What is clear is that the US that started this has backed down from its insistence that Xi call Trump and bowed to Chinese demands for negotiations based on Equality and Respect

Those negotiations ARE NOT HAPPENING IN THE USA but Switzerland. That is telling
The US has dropped Tariffs that IT imposed and China reciprocated. The US has not gained any advantage

1 Like 1 Share

Iykenuwa(m): 1:05pm On May 12
Watcharena:
Who called for negotiation was it china or US

China had already moved on making deals with many countries to replace US why can't US just moved on the way china has moved on.

Trump only ended up in disgracing US, possibly he thought china will not respond like other countries


Name two countries that China sells more to than they sell to the USA.

Are you aware that China is a substitute for China, population speaking? They are waiting in the wings for China to slip up, then they can take up the manufacturing that makes China thrive.
Entanglement: 1:05pm On May 12
NOETHNICITY:
So finally, Trump is all about braggadocio—empty talk and no show
China is not one of those countries that is going to come running to kiss his ugly white a*s

Trump essentially exposed what an incredibly giant China is
you guys are so dumb that you don't know it!

China reduce their tariff to 10% why America is in 30%
So who do you think is one the gaining sites undecided

2 Likes

Iykenuwa(m): 1:06pm On May 12
omonnakoda:
The fact that you have to ask if he is a little kid suggests that you lack a substantial argument
Make your point politely and respectfully

China uncensored on YouTube cannot be deemed to be a God ordained source of facts because you say so.
No right thinking person can say that there is no effect of tariffs on the Chinese just as there is on the US

How can that be measured objectively for comparison ? Debatable

Even if we could measure and put a number to it and say Oh the Chinese suffering is 70% and the US suffering is 20% that tells us NOTHING .
The Chinese may be willing to tolerate more pain than the US are. Maybe maybe not. We simply do not know. What we do know is

The US started this.
Trump has demanded that the Chinese Premier call him
The Chinese Premier refused to do that
He insisted that junior officials meet to negotiate first
That is what is happening now
If the officials agree a deal then he will meet Trump to sign it

Any argument about who is suffering more is pointless
What is clear is that the US that started this has backed down from its insistence that Xi call Trump and bowed to Chinese demands for negotiations based on Equality and Respect

Those negotiations ARE NOT HAPPENING IN THE USA but Switzerland. That is telling
The US has dropped Tariffs that IT imposed and China reciprocated. The US has not gained any advantage


God-ordained source for news


How Una take De reason sef?

1 Like

Slimm01: 1:06pm On May 12
In a trade war, China holds a lot more cards than the US may think. Infact, China may have the upper hand. While the rest of the world were shivering and running helter skatter because of Trump tarrif hike, China reciprocated immediately with all boldness. #likeforchina.

1 Like

Entanglement: 1:09pm On May 12
Odidigboigbo:
Do you guys actually understand what plays out here? Trump has achieved his aim to force China come to negotiation to, before now, China placed high tariff on USA compare to that of USA on China, now Trump has force China to renegotiate.
grin I always laugh at those dumb guys here grin

If them know how china tariff was higher and this negotiation made china brought it down to 10% while America is in 30%

2 Likes

Rybnyk(m): 1:10pm On May 12
Mide70:
China is not really feeling the heat of the tariffs but US does! Most electronic devices comes from china . Asides that China is no small country ! in of Technology and many things US is behind china . I knew all these Trump initial gragra on trade war is for a while !

If China was not really feeling the heat, they won't agree to negotiations.

2 Likes

ufotunang: 1:12pm On May 12
Trump take it easy.. your gra gra is too much
Rybnyk(m): 1:12pm On May 12
Father4all:
I said it before and will say it again. Trump is a FOOL
Why is he a fool?

1 Like

Entanglement: 1:13pm On May 12
Watcharena:
Who called for negotiation was it china or US

China had already moved on making deals with many countries to replace US why can't US just moved on the way china has moved on.

Trump only ended up in disgracing US, possibly he thought china will not respond like other countries
deal with which country grin
You people have zero economic sense grin
There's no countries who has higher purchasing power than America!
So will china sell it goods to poor Africa nations undecided

2 Likes

Shikena(m): 1:14pm On May 12
100%. The needle finally moved.


tempex88:
Trump has forced negotiations...which is what he wanted

1 Like

Shikena(m): 1:16pm On May 12
A lot of them are clueless. They know nothing about the history of what they are commenting on. Trump got what he wanted grin

Odidigboigbo:
Do you guys actually understand what plays out here? Trump has achieved his aim to force China come to negotiation to, before now, China placed high tariff on USA compare to that of USA on China, now Trump has force China to renegotiate.

2 Likes

Shikena(m): 1:17pm On May 12
grin grin grin grin Na real comedy

Entanglement:
grin I always laugh at those dumb guys here grin

If them how china tariff was higher and this negotiation made china brought it down to 10% while America is in 30%

2 Likes

billyG(m): 1:24pm On May 12
Well done Trump!what many people doesnt know is trump did what other paste POTUS has been shying away from for decades...no sane country will depend on china for everything, US need to rebuild their economy,many has lost jobs to china manufacturers and siting American factories in china bc of cheap labor,even mexico & Canada has taken advantage of US free trade to get goods from china package it as if it was made in Mexico or Canada to escape tarrif & made profits without creating jobs for d US.
After US spent billions in research & inventions,all china does is to just copy & mass produce others sweat for profits.
Why US with shrinking economy pretend to be father Xmas spending billions in USaid for others.While wallowing in debt & deficit if this shiit continues US will be brought on her knees,her superpower,economy, glory all will be gone!Abeg trump make AMERICA GREAT AGAIN!!
bentenny(m): 1:30pm On May 12
Feldie:
what did USA benefit from this negotiations? If Trump wanted to negotiate with any country on earth, all he had to do was ask they'll come to negotiate. Instead he humiliated his country, begged for months for China to talk him after China already replaced USA import with Australia and Brazil produce
Ok
Zooposki(f): 1:34pm On May 12
tempex88:
Trump has forced negotiations...which is what he wanted

He did not force anything. Stop these lies.
hotwax: 1:45pm On May 12
Mide70:
China is not really feeling the heat of the tariffs but US does! Most electronic devices comes from china . Asides that China is no small country ! in of Technology and many things US is behind china . I knew all these Trump initial gragra on trade war is for a while !

Yes that’s why US tech companies are the most successful and richest in the world.

Get an education.

Stop disgracing Nigerians
omonnakoda: 1:47pm On May 12
Iykenuwa:



God-ordained source for news


How Una take De reason sef?
I do not reason like you obviously

That is life

Mature adults understand that and negotiate the world respecting that.
The fact that people do not reason LIKE YOU does not entitle you to be rude to them
Rather you should seek to understand their perspective, hopefully learn something and move on

A lack of manners is a clear reflection of poor home training and dysfunctional family background
omonnakoda: 1:55pm On May 12
hotwax:


Yes that’s why US tech companies are the most successful and richest in the world.

Get an education.

Stop disgracing Nigerians
US companies are more succesful because they have better access to Capital. Interest rates in Nigeria are 30% or near in the US it is near 5% and was close to zero a few years ago
Where does all that capital come from? Our Foreign reserves are held in institutions like JP Morgan. We must trade with China in dollars and sell our crude in dollars.
So the whole world is FORCED to park their capital in dollars .
It is not only US tech companies. ALL US companies are relative successful compared to the others . Not because they are offering anything special but because of access to capital McDonalds, Starbucks, KFC, Coca Cola, Pepsi, have virtually no international competition not because their products are so special

When countries even try to dedollarize they are threatened , suffer coups or even assassinations of presidents

Trump recently threatened any country that tries it.

So it is not as simple as American tech is so great but they have capital AND

When they see any company that is successful like TIKTOK what do they do? If you don't know then forget it
NOETHNICITY(m): 1:55pm On May 12
Iweakbro:


This is a non-factual take. Are you a little kid? Go to YouTube and check China Uncensored, so you can learn the effect of the tariffs on Chinese companies whose market was the IS.
Calm down oga!!!
Who claimed the tariffs wouldn’t hurt China? Who said that? I never did!

From the start, I made it clear: both sides would feel the impact. China would face challenges, yes—but not collapse—because the U.S. market s for just 15% of its total exports and around 2% of its GDP.

In reality, it was the U.S. that appeared more eager to secure a deal, not the other way around.
Basicend: 2:24pm On May 12
Iykenuwa:


You people should calm down, Trump's plan was actually to force China to the negotiation table, and he has achieved that.


He has technically achieved nothing my brother.

His initial plan was to hike the end-price of Chinese goods via tariffs to be at least the same with an American manufactured products, and while at same time, bully China into moving some of its production factories to USA. Similar to what Japan did fee decades ago.

Both plans are absolutely unrealistic.

But his eyes are clear now that China holds same or even more cards. The reality is that both countries need each other desperately to survive. Atleast in the meantime.
ponziponzi(m): 2:26pm On May 12
Iweakbro:


This is a non-factual take. Are you a little kid? Go to YouTube and check China Uncensored, so you can learn the effect of the tariffs on Chinese companies whose market was the IS.

I won't trust a channel like that on anything
Iykenuwa(m): 2:31pm On May 12
Basicend:


He has technically achieved nothing my brother.

His initial plan was to hike the end-price of Chinese goods via tariffs to be at least the same with an American manufactured product, READ THE NEWS AGAIN and while at same time, bully China into moving some of its production factories to USA (NOT TRUE,. HE SAID THE US WAS BEING TREATED UNFAIRLY WHICH IS TRUE). Similar to what Japan did a few decades ago.

Both plans are absolutely unrealistic.

But his eyes are clear now that China holds same or even more cards. The reality is that both countries need each other desperately to survive. Atleast in the meantime. (I AGREE)


FIXED
Salowise: 2:32pm On May 12
Thedon12:
Trump just bow to pressure he initiated by his myopic action.
You're just a Trump hater, China did call for the negotiation that was even before US had talks with the UK.

Salowise: 2:38pm On May 12
Watcharena:
Who called for negotiation was it china or US

China had already moved on making deals with many countries to replace US why can't US just moved on the way china has moved on.

Trump only ended up in disgracing US, possibly he thought china will not respond like other countries
China called for negotiation, US can always get cheap things from India, South Korea, Bangladesh, Japan even Thailand.

Salowise: 2:45pm On May 12
adioolayi:
We have reached an agreement on a 90-day pause and substantially move down the tariff levels," Treasury Secretary Scott Bessent said at a Monday press conference in Geneva. "Both sides, on the reciprocal tariffs, will move their tariffs down 115%,"


grin grin grin grin grin grin grin
Donald Trump is dull grin grin grin grin grin
US actually won, before now goods from US were tariff at over 60% which made USA goods expensive in China, goods imported from China to USA was tariff at 0% which made Chinese products cheap in USA. By going 10% on both sides, USA now have access to Chinese market. So it's a win for USA
haybhi1(m): 2:48pm On May 12
Lordadam19 don talk am since yesterday o
mrkia(m): 2:52pm On May 12
Trump just succeeded in making world aware that America can be challenged now
Oakenshield: 3:01pm On May 12
Mide70:
China is not really feeling the heat of the tariffs but US does! Most electronic devices comes from china . Asides that China is no small country ! in of Technology and many things US is behind china . I knew all these Trump initial gragra on trade war is for a while !
Nigeria could have been like china but we are fond of electing bad leaders and tolerating their excesses

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