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"Trump says he delayed tariffs because of concerns over Christmas shopping season"
https://www.cnbc.com/2019/08/13/trump-says-he-delayed-tariffs-because-of-concerns-over-christmas-shopping-season.html ^

Posted on 08/13/2019 12:42:18 PM PDT by maxtheripper

"Trump says he delayed tariffs because of concerns over Christmas shopping season"

“We’re doing this for the Christmas season,” Trump told reporters on an airport tarmac around noon Tuesday. “Just in case some of the tariffs would have an impact on U.S. customers.”

“So far they’ve had virtually none,” the president added. “But just in case they might have an impact on people, what we’ve done is we’ve delayed it, so that they won’t be relevant to the Christmas shopping season.”

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: chinatariffs; christmas; tradewar; trump; trumpasia; trumpchina; trumpchristmas; trumptrade
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Surprised he made this kind of statement about the dealay in implementing the next phase of import taxes
1 posted on 08/13/2019 12:42:18 PM PDT by maxtheripper
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To: maxtheripper

wait, I thought chinese manufacturers are paying for the tariffs?


2 posted on 08/13/2019 12:46:22 PM PDT by MAGA_patriot
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To: maxtheripper

Someone once told me that trade wars were easy to win.


3 posted on 08/13/2019 12:56:09 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: MAGA_patriot

If you truly think that then you need to do some research and educate yourself.


4 posted on 08/13/2019 12:59:22 PM PDT by maxtheripper
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To: maxtheripper

Well a Hodie Ho Ho Ho to All!!!

Patience. Patience.

China has its collective ‘mind’ elsewhere about now.


5 posted on 08/13/2019 1:28:35 PM PDT by NormsRevenge (Semper Fi - Monthly Donors Rock!!!)
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To: maxtheripper

Hong Kong is about to blow, and I think all hell may break lose. Like serious economic repercussions for China. I’m not one for overblowing news events, but this has the makings of something that may send the entire region and world economy into a real shipshow.

It may be advantageous to let a little pressure off for now.


6 posted on 08/13/2019 1:36:55 PM PDT by VanDeKoik
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To: VanDeKoik

I think you’re right. Trump has his eye on these things.


7 posted on 08/13/2019 1:41:27 PM PDT by livius
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To: VanDeKoik

If that is true, and it may well be, any speculation on why the President didn’t just say so, instead of manufacturing a false reason?

Again, IF what you say is accurate.


8 posted on 08/13/2019 1:42:26 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: maxtheripper

I thought “keeping maximum pressure” on china to force them back to the table was the strategy, no?

Also, any idea when companies located in china are going to come back here to produce and create jobs instead of relocating to Vietnam and India?


9 posted on 08/13/2019 1:46:14 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: MichaelCorleone

Perhaps they are back to the table and you just don’t it

You are not on the list that needs to know


10 posted on 08/13/2019 1:49:24 PM PDT by bert ( (KE. NP. N.btyC. +12) Progressives are existential American enemies)
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To: maxtheripper

Tis the season.

Business this Christmas will be hooter than ever.

Thanks, President Trump.

11 posted on 08/13/2019 1:50:09 PM PDT by conservative98
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To: bert

The President is not shy about saying many things in public, trade issues included.

Nice try bert, but if they were at the table, the whole world would know about it.


12 posted on 08/13/2019 1:51:20 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: MichaelCorleone

My guess is that this is for the economy outside of China when the world economically turns on them after they stomp HK to the ground.

If and when, companies will flee China like nothing anyone has seen. Easing in these imports through the rest of the year looks more like a wise defensive move.

Saying the real reasons outright now could cause market panic. I don’t think the average person is thinking about how serious this thing really is.


13 posted on 08/13/2019 1:52:57 PM PDT by VanDeKoik
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To: MichaelCorleone

Saving face for the Chinese...he wants an agreement with them, he doesn’t want to humiliate them or us!


14 posted on 08/13/2019 1:54:12 PM PDT by mdmathis6
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To: VanDeKoik

“Saying the real reasons outright now could cause market panic.”

You don’t have a problem with the President fabricating a story so as to avoid (probably temporary) turbulence in the financial markets?


15 posted on 08/13/2019 1:58:18 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: mdmathis6

He has already humiliated/insulted President Xi, several times for the world to see in fact.

President Trump is not shy about that sort of thing.


16 posted on 08/13/2019 2:01:49 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: MichaelCorleone

Nope.

Not when the stakes if SHTF are really high if China goes ape on HK in the next 3 months, and tens of thousands die and HK burns to the ground in full view of the planet.

Most people are not following this like they should, and will be stunned at the climax and blindsided by the fallout. They will then take that unease right to the economy.


17 posted on 08/13/2019 2:05:32 PM PDT by VanDeKoik
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To: MichaelCorleone

Not sure that you go into truthful detail when trying to let a little air out of a potentially big world-affecting issue.


18 posted on 08/13/2019 2:12:10 PM PDT by John W (Trump/Pence 2020)
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To: VanDeKoik

Wow - I’m surprised at such a cavalier attitude about being lied to, especially when the stakes are so high.


19 posted on 08/13/2019 2:17:13 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: John W

I’m sorry but I am not sure what you are saying/asking.


20 posted on 08/13/2019 2:18:35 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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