Starting on Sunday, China will give all the least developed countries with which it has diplomatic relations zero-tariff treatment for 100 percent tariff lines
Starting on Sunday, China will give all the least developed countries with which it has diplomatic relations zero-tariff treatment for 100 percent tariff lines
Starting on Sunday, China will give all the least developed countries with which it has diplomatic relations zero-tariff treatment for 100 percent tariff lines, becoming the first major developing country and the first major economy to take such a significant measure.
This is China's best move.
Part of the cope I have read is that Trump is just announcing bullshit so that he can force people to negotiate and thereby get the actual deal, this is all just a theatric preamble.
Instead of allowing that China should just say "yeah? Okay we will eat your lunch while you're trying to get us to sit down at the negotiation table."
Honestly it’s possible that it’s mostly posturing. He also said a bunch of shit last time and didn’t really deliver most of it.
in a better world xi would get a nobel peace prize for all of his belts and roads, and this, and peace between iran and saudi arabia, amongst other things
True, but it would also required denobeling all the unworthy scum who got it before, right now it is an absolute insult to put Xi in one line with people like Kissinger, wałęsa, Wilson, Dalai Lama, Gorbachev, Obama or many more.
Sure, but the good news is that we live in a world where they are still doing this without a nobel prize. The good thing that deserves a prize is getting done here, in the world we live in now. Can't be too bitter about that.
if only China were advanced enough to invent an alternative to the nobel prize system, so westerners wouldn't be the only ones giving themselves awards
Obama fixed the economy, something communist China hates.
China — Open Cooperation, regardless of who it is with
America — Sanction, sanction, sanction
Oprah - "...and you get a sanction! And you get a sanction! And YOU get a sanction!"
anybody remember that story about state department employees in a band doing a The Police parody "Every Little Thing We Do Is Sanctions" or similar? it was one of things that was so on the nose it was hard to believe. I can't find it now but I think CTH mentioned it
If I'm reading this correctly, China seems to be directly undermining trump planned tariff spree?
Yep it's a big dick power move for sure but it's gonna hella pay off. And I'm gonna laughy ass off the entire time.
Xi is absolutely cookingWhat does “zero-tariff treatment for 100 percent tariff lines” mean?
I found the story in Chinese, let's see if that sheds some light.
https://www.yidaiyilu.gov.cn/p/0V7IMLPR.html
自12月1日起，中国给予包括33个非洲国家在内的所有同中国建交的最不发达国家100%税目产品零关税待遇，成为实施这一举措的首个发展中大国和世界主要经济体。不少非洲人士表示，中国此举顺应全球南方国家发展需求，彰显大国担当，以实际行动同世界各国共享发展机遇，真正做到让发展成果更多惠及各国人民。
machine translation says
Since December 1, China has granted zero tariff treatment to 100% of tariff items of all the least developed countries that have established diplomatic relations with China, including 33 African countries, becoming the first major developing country and the world's major economy to implement this measure. Many Africans said that China's move conforms to the development needs of the global South countries, demonstrates the responsibility of a major country, shares development opportunities with countries around the world with practical actions, and truly makes the fruits of development benefit more people of all countries.
EDIT: to add to this, here's a Global Times article with a corroborating headline, however the article text makes the same mistake above
China to give least developed countries zero-tariff treatment
Thank you
A tariff line is a product that is defined by a system of tariff code numbers. Countries use tariff lines to classify products for customs purposes.
so my best guess is it means all product groups currently tariffed at 100% will now be 0%EDIT: looks like it's 100% of products, not those with 100% tariffs. wow
That makes sense, thanks!
When someone answers can they please ping me
from what I can tell they are dropping all tariffs with the global south countries they have relations with
it should say "zero-tariff treatment for 100 percent of tariff lines" but someone goofed
Cut at bat whost?
As I fly americanly upward into the sky, reaching the apex of my climb, I notice something small traveling next to me. It's a twisted piece of metal, a little fragment of the petard that detonated and sent me up here.
It's got something written on it
China will give all the least developed countries with which it has diplomatic relations zero-tariff treatment for 100 percent tariff lines
this is incomprehensible
Death to America
it should say "100 percent of tariff lines", I found the story in Chinese and that seems to be what it says
a tariff line is a product group basically, classification system with code numbers
China's belt and road agency article this CGTN report seems to be directly based on:
thank you, that makes way more sense
Death to America