The Latest: US suspends tariff hike in limited China deal

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BREAKING: U.S. suspends tariff hike on $250B in Chinese imports that was set to take effect Tuesday, and China agrees to buy $40-50B in U.S. farm products, in a sign of progress in the countries’ long-running trade war.

The United States is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world’s two biggest economies reached a cease-fire in their 15-month trade war.

The two countries are leaving the thornier issues — including U.S. allegations that China forces foreign countries to hand over trade secrets in return for access to the Chinese market — until later negotiations.

 

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No benefit is going into ordinary people's pocket. Homeless will still be homeless, nothing has changed.

It's time America spoke out about this weak trade deal! I call on all Americans to fly out to China and take a dump in the center of the Sacred City! China Tariffs TrumpTariffs

Trump 2020 need farmers, CHINA need products

And the melodrama continues....

Never trust them until they paid. CCP is famous for telling lies, even to US government.

kkrz1211 Is that it?

Trump is the best salesman that Whitehouse ever had😬

Very Good news to the market. Monday markets will fly over the sky..

varinder_bansal What's your view for Indian Market ?

Why? What point is there to doing business with a regime as vile and corrupt as the Chinese Communist Party? They had their chance to reform but they blew it.

Will welfare queens Farmers pay back their Bail outs?

So, who won?

A good sign for the rest of us !!!✌

HogDiplomacy StateDept.

We will start taking new tractor and combine orders Monday before Case-ih runs out of equipment

He's been manipulating the stock market, just for fun!

HeyTammyBruce Every soybean, pork & chicken farmer just went to Trump forever.

China’s promise is 💩 China never honors international agreements but will instead says out loud that the agreements are no longer valid 🤣

So in other words the Chinese have agreed to investigate the Bidens for realDonaldTrump

Oh I see the manchild wants his election swag. Remember he is only out for himself.

No formal terms were committed to paper and the Office of the U.S. Trade Representative did not make public any additional details. The partial undisclosed deal temporarily puts off any escalation of tensions but does not resolve any of the major underlying sources of frictions.

Hey, I have heard this before!

It’s happening

POTUS wins again!!!!!

Once again trump is a bumbling idiot. He's touting this 40 billion dollar supposed deal as something unheard of. In 2014 china imported 150 billion in agricultural products. He puts this crap out there and his base just accepts his bull as truth.

Um, big whoop. Isn’t this where we were at the beginning of the year? trump got played, but who’s surprised?

NYFarmer 😂😂😂😂 wait what , I’m dead

So in the end it was all for nothing. I sure hope people remember what winning under Trump felt like.

Square one. After $30,000,000,000. In tarrif costs to US consumer that went to the rich. Just in te for christmas

realDonaldTrump got rolled again, Chinese pounced on a vulnerable/wounded puppet ; desperate to change the headlines he capitulated, won't work,he loss, net loss $200B !

Frankly, it’s not a deal if not signed. China got what it wanted, Tariff relief in lieu of Agricultural purchases. Nothing new in it. Disappointing.

Looks like those polls really did a number on Trump and realized he needs the farmers for his re-election.

So basically trump caused us to lose money and is now trying to back track to save face.

Trump showing the world how “Trade wars are good and easy to win”.

HeyTammyBruce Great news Trump2020

This idiot creates problems then pretends to fix them. This jerk needs to go !

We keep winning. Thanks Mr. President.MAGA

Listen up, everybody, the trade deal is in: So, China gets tech and IP, and we get the crops. Roll up your sleeves, grab that pitchfork, and get to work ... ... YOU HEARD ME!!!!!

Bout time China gets some Tegrity

So nothing happened? All of that for nothing?

Tariffs are still intake just not going up. China with tariffs in place are now going to buy farm products but y’all think that’s back to square one?

This is just another example, among many others, of this administration creating a nonexistent problem and then stepping back and pretending like they’ve solved a problem. Don’t fall for it.

Doesn’t sound like a fair deal!

MAGA MAGA2020Landslide

So, China wins! Bow down to the one you serve....may you get what you deserve.

After 21 days I left my house just leaving the Mossos D'Escuadra were already chasing1 hour changing itenerary 35 Mossos police harassing with vans motorcycles,walking in the pharmacy so this Criminal Organization for denouncing the treatment of detainees you are a criminal gang

So trump caves, and calls it a success. Gotcha

that's what HE said, not China, nothing signed. He traded Biden for the farmers crops.

Suspends a 5% hike taking the total to 30%, the 25% tariff remains

what about the billions of corporate wellfare for the farmers? how about paying that back?

Was investigating Joe Biden on the list of request ?

Winning

Gee, what a shock the DumboRATS aren’t happy about this. Alert the media. Let’s march. PEOPLE ARE GONNA DYE. LMMFAO.

I think if you do the math that's a push.

What about the intellectual property rights that was supposedly the primary complaint?

Trump is still a criminal & Russian asset 💁‍♂️

Ya, watch this initial number of 40-50 billion start decreasing over time. It's all just a Trump show nonsense.

IT ISN'T PROGRESS. THE AGREED UPON TERMS RIGHT NOW DO NOT GAIN ANYTHING OVER WHAT WE HAD BEFORE. THE DUMBASS 'TARIFF WAR' WAS FOR NOTHING!

China, what do you say?

President Trump supporters are growing. Trump GodBlessAmerica MAGA

In other words Trump needs to keep the farmers support for the election.

We elected a brilliant businessman. President Trump. KAG China

The additional 5% tariffs on $250B were scheduled to be effective Oct. 15th. So US companies will NOT have to pay a 'TAX' of $12.5B & China 'promises' to buy $40-50B, Net $27.5-37.5B Given the ~$80B paid by USA companies last 12m, WE'RE STILL IN THE HOLE ~$50B. NOT A GOOD DEAL!!

After hearing what the admin's done to our small chicken farmers today, I wonder if this 40-50bil will be related to corporate chicken farmers? let's all watch, eh msnbc

This no deal, it’s an agreement similar to what existed

Donny blinked.

So back to where we were.

Well thats smart. China was probably going to start buying our farm products again soon I would imagine using soy and pork purchases as an example. As much as I already dislike Trump, I have to add coward to that list. And for such an 'amazing businessman' he sure got the raw end

Trump set a fire that kills people and then put it out and tell everyone I AM A HERO. What a Con Man!

But we’re going to lose out on all that tariff money we rake in from the Chinese!! The art of the fucking deal my ass! ImpeachAndRemove

lacunalingua Once again, tRump fixing the problem he started. Meanwhile, Russia has a new agreement to sell $B agri to China.

So China bought $19.5 billion in farm products from the USA in 2017, although there was a fall to $9.1 bn in 2018 (Reuters, sorry). How many years is this $40-50BN supposed to cover?

Trump manipulating the markets or what? Come on. This is where we were before his tradewar started.

The U.S. taxpayer has ponied up close to 50B in subsidies to the Ag industry since Trump started this trade war. So - not what I'd call a 'win'

The worst president we’ve ever seen.

Obama done good! 🇺🇸👍

Trump got a China to blink! Good work POTUS.

Unless and until the deal is scuttled by a middle of the night Tweet.

So there is still 25% tariff going forward and China buys half of what they used to before the tariffs started...THIS IS NOTHING and why they waited until after markets closed

This is a big con. China is going to buy agricultural products that it was previously buying before tariffs were imposed and Trump going to hold off on more tariffs. Unless and until any agreement is reduced to writing and signed by the parties be very skeptical.

Just in time for a Friday stock market jump.🤔

Trump's caving because his poll numbers are bad.

So, they must be 'investigating' Biden.

winning Trump2020

They must of gave 'dirt' on Biden

Ivanka must have gotten more trademarks...

Haven't we heard this before?!

Didn’t they do this two months ago and it really never materialized

Trump’s imploding he’ll agree to anything & China knows it.

Progress is good. Hope this can continue.

Did they ever buy the billions worth of Ag they were going to buy last time or Nah?

lcvelez oscar_concha buenas noticias US DL going down ⬇️

Progress!!!

HeyTammyBruce These communists promised this before already and didn’t buy anything

Create crisis. Solve crisis. Gain nothing. Cost American tax payers billions. His only promise kept: run the country like his businesses

They'll renege

Have a backup cause China lied to every single President before you. Get the payment on the farm sales first and before you lift tarriffs.

Aka I need the heat off me, so I will play nicely in the world sandbox before taking another giant dump

This means the Chinese have ‘found’ dirt on Biden then?

How long to Biden press release from China?

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