China Offers to Buy Nearly $70 Billion of U.S. Products to Fend Off Trade Tariffs

The Wall Street Journal ^ | 6/5/2018 | Lingling Wei in Beijing and Bob Davis in Washington

[faithhopecharity]

I did see that slant towards buying more raw USA commodities ( rather than more USA manufactured goods). I share your desire for the latter. About all I can say is that it sounds like a good first step

[cba123]

To me, a “good first step” would be for China to just start buying more things from America.

LOTS more things.

They are not doing that. They are doing the complete opposite.

Trump needs to go full-bore on tariffs.

Big time. It is time to act.

If they back down, then we can consider it. We can think about (removing) tariffs once China starts to buy things made in America. Maybe. But this is in no way, a Chinese move to buy more American goods.

It is the complete opposite.

Tariffs, Trump.

Do it. Now is the time.

[miniTAX]

“It’s already better than any other deal we have had with China and Trump will probably want more.”

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The Chinese are used to make “deals” with bowing Obama kids, they think that giving up some crumbs will be ok as usual and end up for a nasty surprise now that adults are in the room.

[familyop]

"...includes Chinese companies buying more U.S. soybeans, corn, natural gas, crude oil, coal and manufactured goods."

Make that soybeans, corn and manufactured goods, and we'll be good to go. We need the natural gas, crude oil and coal for Americans.

Stop traitorous domestic enemies here from selling off energy resources that our descendants will need. Prosecute and punish them if necessary. They're lying, evil trash.

[familyop]

They’re sabotaging our defense, too. Enormous energy resources are needed in world wars.

[so_real]

$70 billion is not even a "good start". But thanks to China for showing the idiot liberals among us how badly the Obama, Bush, and Clinton administrations have allowed China to financially rape the United States all these years.

[CodeToad]

The biggest issue is that US companies manufacture in China.

I have a Chinese concierge. He finds me whatever I am looking for. I have found most products in the US are made in China. He finds the manufacturer and gives me an off-brand price. It is often 35:1 or more in cost.

Sure, China should buy more of our stuff, but we’ve got to stop allowing American companies to manufacture in China.

[CodeToad]

P.S. To keep American companies from manufacturing in China we need to reclassify them as foreign product distributors and treat them as such. That’s all they are anymore: Importers.

To get around import laws these companies bag and label products and call it “final assembly” and then label products as “Made in America”.

[Daniel Ramsey]

Make it a national dividend, every legal citizen of the US gets say off hand $1000 per year. Or more.

[cranked]

Ummm, this should be a NO deal.......this addresses the continued theft of intellectual property how?!

[bray]

We have 200 years of Oil and coal it just needs to be developed.

[jdsteel]

Apples and oranges to my post.

[jdsteel]

Re: China Their national debt is 400% of GDP.

Exactly.

[central_va]

Why can’t the gooks just lower their import tariffs? Why all the shenanigans? Just do it you red bastards.

[Sam Gamgee]

And it doesn’t address the most key issues to me at least:

1) China’s industrial espionage operations
2) China’s use of slave labor in some products
3) The lower standards Chinese goods have to meet compared to US manufacturers.

[Sam Gamgee]

Was at a more upscale toy shop the day. There is a brand of German toys called Sifa I think, making little cars and trucks similar to hotwheels.

The price tag is around $7.00 for a car, but it is made in China. Why would I heft out 7 times for a car I could get for $1.00 that is also made in China?