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Post time 2018-4-4 21:00:43 |Display all floors
This post was edited by robert237 at 2018-4-4 05:01

China can make its own commercial aircraft or buy from Airbus. The only reason China imports soybeans from the US is to balance the trade a little with all the exports to the US of Walmart, Amazon, and Target goods. The US is making a big mistake but after Trump was put in the White House.. what do you expect.

BEIJING -- China announced a tariff hike on $50 billion of U.S. goods Wednesday, including soybeans, aircraft, autos. The move came shortly after Beijing vowed to impose measures of the "same strength" in response to a proposed U.S. tariff hike on $50 billion worth of Chinese goods.

China's Commerce Ministry on Wednesday criticized the U.S. move as a violation of global trade rules and said China was acting to protect its "legitimate rights and interests." It said a 25 percent tariff would be imposed, but as CBS News correspondent Ben Tracy reports, the date the charges will take effect has yet to be announced.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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