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China commerce ministry official says new U.S. tariff plan harms WTO system, globalization
Reuters ^ | July 10, 2018 10:27 PM | Stella Qiu and Beijing Monitoring Desk, Elias Glenn

Posted on 07/10/2018 8:00:56 PM PDT by Olog-hai

China’s assistant commerce minister said on Wednesday that the latest proposed tariffs from the United States harms the World Trade Organization system and hurts globalization. […]

The Ministry of Commerce’s Li Chenggang said the only correct choice for China-U.S. relations was cooperation. …

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


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: china; globalization; redchina; wto
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To: Olog-hai

China has a bit of a problem on it’s hands.

We import a lot of it’s goods.

It imports a lot less of ours. Hence the massive trade deficit.

Good luck hurting us as much a we’re gonna hurt you.

Fair trade would go a long way China.

Give it some thought.


21 posted on 07/10/2018 10:35:12 PM PDT by DoughtyOne (Take a look out there folks. Can you see evidence of a Left Wing Hate Group, perhaps fascist too?)
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To: nopardons
we CAN buy from other nations

I keep trying to explain this to another group on Quora and they flat out scream at me for being stupid. They keep saying no one will buy our stuff, but that is not true. I f Americans get more of their own money back, they will buy their own stuff. Ford didn't create a clientele out of this air, he paid his workers well, they went and bought other stuff, those people had enough money to buy cars. If Trump keeps businesses growing in America more Americans will buy cars, and other stuff.
22 posted on 07/11/2018 1:06:31 AM PDT by wbarmy (I chose to be a sheepdog once I saw what happens to the sheep.)
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To: Olog-hai

“...harms WTO system, globalization,” you say? LOL! That’s like saying that the tariffs harm the chances of a worldwide communist government.


23 posted on 07/11/2018 2:42:07 AM PDT by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: Olog-hai
harms the World Trade Organization system and hurts globalization

He says that like it's a bad thing.

24 posted on 07/11/2018 2:57:28 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: nopardons
we CAN buy stop buying from other nations, AND MAKE OUR OWN GOODS RIGHT HERE IN THE GOOD OLE USA!

Fixed, it.

25 posted on 07/11/2018 2:59:03 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: mindburglar

I don’t care about the internal machinations of that ChiCom red ant hill. This is ALL about rebuilding US industry. It would be good for all of us to focus on that.


26 posted on 07/11/2018 3:01:14 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: deadrock

The gated community country club Freepers are deeply upset for sure.


27 posted on 07/11/2018 3:02:25 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Olog-hai

China has never been a trading nation, they are a selling nation


28 posted on 07/11/2018 4:06:01 AM PDT by okie 54
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To: Olog-hai

And yet, China has tariffs, and they are not seen as harming the WTO. Also, if China implements retaliatory tariffs, are they too not harming the WTO? Why is it only US tariffs are bad, but the rest of the world gets a pass?


29 posted on 07/11/2018 7:33:05 AM PDT by kosciusko51
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