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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Bank: The United States and China on the brink of a trade war

    Rocky
    Rocky
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    Posts : 281267
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    Bank: The United States and China on the brink of a trade war Empty Bank: The United States and China on the brink of a trade war

    Post by Rocky Wed 08 Feb 2017, 3:59 am

    Bank: The United States and China on the brink of a trade war
    [size=11]Posted: 08.02.2017 | Are GMT 09:45 |money and business[/size]
    Bank: The United States and China on the brink of a trade war 589ae683c46188b2268b45d3
    Reuters Aly Song

    Bank: The United States and China on the brink of a trade war
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    Bank analysts 'Goldman Sachs' investment warned of the danger of a trade war between the United States and China, which are considered the two largest economies in the world.
    In a memorandum to clients bank analysts Andrew Tilton said Alec Phillips: "they do not have enough reasons to believe that the American President Donald Trump  would fall from imposing restrictions on Chinese imports such as steel and machinery."
    Trump has repeatedly criticized China's trade practices, and threatened to impose tariffs on Chinese imports as punishment for Beijing commercial policy as it deems unfair Trump. He pointed out that Beijing is manipulating the price of their currencies to stimulate exports, and stealing trade secrets, and the piracy.
    He suggested Trump economic adviser Peter Navarro, known hostility to China, recently imposed a fee of 45% on all products manufactured in China.
    Bank analysts, "Goldman Sachs" It is believed that Trump's management will impose customs tariffs unilaterally on certain varieties of Alsnabh products, will also issue a statement on the Chinese policy with respect to the price of the yuan's exchange.    
    For his part, the trade expert "to Khankoan" he said in an interview with "Goldman Sachs" The imposition of tariffs by 45% immediately ignite a trade war. Stressing that Beijing would respond in turn by imposing high tariffs of up to 80% -90% on US imports to China.
    Site "ITC" data indicate that China's exports to the United States in 2015 amounted to about $ 410 billion, compared to the wills of up to $ 150.5 billion.
    And he warned the newspaper "Global Times", which is run by the Chinese government, last month that American business would be targeted for retaliation in the event of a trade war between Beijing and Washington.   
    Source: agencies      
    Fred Gaerli


    https://arabic.rt.com/business/862619-%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D8%A7%D9%84%D8%B5%D9%8A%D9%86-%D8%AD%D8%B1%D8%A8-%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9/

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