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  • In response to US tariff rate increase, China says that it is forced to retaliate, adding that it deeply regrets the US tariff hike -Commerce Ministry

    In response to US tariff rate increase, China says that it is forced to retaliate, adding that it deeply regrets the US tariff hike -Commerce Ministry #tradewar

    — DailyFX Team Live (@DailyFXTeam) May 10, 2019
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  • Comment #1
  • Quote
  • May 10, 2019 12:07am May 10, 2019 12:07am
  •  mindscream
  • | Membership Revoked | Joined Apr 2011 | 393 Comments
Playing the victim card.
 
1
  • Comment #2
  • Quote
  • May 10, 2019 12:12am May 10, 2019 12:12am
  •  loriflori
  • | Joined May 2007 | Status: Member | 147 Comments
Retaliate?? The whole reason they got these new tariffs was because they reneged on already agreed upon settlement. The new tariffs WERE the retaliation.... from the US!
 
1
  • Comment #3
  • Quote
  • May 10, 2019 12:28am May 10, 2019 12:28am
  •  petefx82
  • | Joined Sep 2016 | Status: Member | 28 Comments
China is an even bigger bully than US. If Chinese dominance isn't slowed down its a scary prospect for the world.
 
8
  • Comment #4
  • Quote
  • May 10, 2019 12:50am May 10, 2019 12:50am
  •  Tony112
  • Joined Apr 2008 | Status: sometimes... news come unexpected | 2446 Comments
wanna buy some all-time market peaks for profits??? bye
Invest in alarm clocks
 
 
  • Comment #5
  • Quote
  • May 10, 2019 12:56am May 10, 2019 12:56am
  •  topor12
  • | Joined Apr 2019 | Status: Member | 75 Comments
this will be an advertisement for Chinese business that has pressed America’s goods, choose the best, buy goods from China)))) a joke and not a call to action))))
 
 
  • Comment #6
  • Quote
  • May 10, 2019 1:00am May 10, 2019 1:00am
  •  Setsuka09
  • | Joined May 2019 | Status: Junior Member | 1 Comment
Retaliation doesn't sound like a good faith to finish argument & differences, fair trade is a must to conduct any kind of business.
 
 
  • Comment #7
  • Quote
  • May 10, 2019 1:35am May 10, 2019 1:35am
  •  Ibar51
  • | Joined Jan 2015 | Status: Member | 47 Comments
Honesty and trust sadly lacking on both sides
 
 
  • Comment #8
  • Quote
  • May 10, 2019 1:49am May 10, 2019 1:49am
  •  topor12
  • | Joined Apr 2019 | Status: Member | 75 Comments
if you compare what is the increase in duties with the statistics of trade relations of China and America .tsyfra !!! duties 385 billion dollars; Quotation: Aggregate exports from China to the United States amounted to 430 billion dollars in 2017. In terms of value, the increase in the supply of goods from China to the US Compared to 2016, it amounted to 11.5%: Exports of goods increased by $ 44 billion (in 2016 goods worth $ 385 billion were delivered from China to the US).



honesty, decency, trust ?????
 
 
  • Comment #9
  • Quote
  • Edited 2:32am May 10, 2019 2:20am | Edited 2:32am
  •  topor12
  • | Joined Apr 2019 | Status: Member | 75 Comments
tramp: - hi zzemin
Zemin; - Hi, what did you want?
tramp: - buy bonds?
Zemin; - you owe us
tramp: -All the time to remember past misfortunes, Perhaps worse than a fresh misfortune. (Shakespeare) so, pomet?
Tszemin; - I don’t know how everything will be in reality, - Blowing a fair wind, I am swimming. (Shakespeare)

(((Google translation can be difficult to translate already to you))))
 
 
  • Comment #10
  • Quote
  • May 10, 2019 2:47am May 10, 2019 2:47am
  •  Hisham2019
  • | Joined May 2019 | Status: Member | 8 Comments
This economic confrontation will lead to more pressures on the currency market and most probably the AUD will suffer, where the USD will gain more power.
 
 
  • Comment #11
  • Quote
  • May 10, 2019 2:48am May 10, 2019 2:48am
  •  ettrader
  • | Joined Aug 2009 | Status: Member | 504 Comments
for China to retaliate they just dump US treasuries, the yield shoots up and Trump's stock market drops just like last time end of 2018
 
 
  • Comment #12
  • Quote
  • May 10, 2019 3:12am May 10, 2019 3:12am
  •  topor12
  • | Joined Apr 2019 | Status: Member | 75 Comments
Quoting ettrader
Disliked
for china to retaliate they just dump us treasuries, the yield shoots up and trump's stock market drops just like last time end of 2018
Ignored
хорошо ) для Вас анекдот ) на что живешь ,спрашивают ....?
за два бакса купил ,за четыре продал ,вот на эти два процента и живу )))
1
 
  • Comment #13
  • Quote
  • May 10, 2019 4:00am May 10, 2019 4:00am
  •  Guest
  • | IP XXX.XX.139.188
China will play a wait and see game. After all, they have much more to lose than the US.
 
 
  • Comment #14
  • Quote
  • May 10, 2019 4:35am May 10, 2019 4:35am
  •  Hisham2019
  • | Joined May 2019 | Status: Member | 8 Comments
I'm afraid that the Chinese retaliation comes in the form of a political action rather than an economical response.
 
 
  • Comment #15
  • Quote
  • May 10, 2019 4:37am May 10, 2019 4:37am
  •  Guest
  • | IP XX.XX.125.41
For Information

If visitors want best liveupdate link on this developing situation go to:
https://www.theguardian.com/business/blog/live/2019/may/10/us-china-trade-war-tariffs-deadline-talks-stocks-market-business-live

Best takeaway at this moment...
"”The assumption for now seems to be that the sabre rattling of the past week is part of a still-functioning negotiating process that will yield results in the near future - if this assumption is challenged volatility has the potential to get much worse”.
Simon Harvey (analyst at Monex Europe).
#ffw
 
1
  • Comment #16
  • Quote
  • May 10, 2019 4:59am May 10, 2019 4:59am
  •  TudorIoan
  • Joined Dec 2015 | Status: Member | 3355 Comments
SP500 seem still firm on W1.
War trade? Another crisis? What crisis?
The global slowdown is well managed and well administered so far!

The US is doing fine (compared to others), despite idiots, detractors, frustrated, envious!
It always comes back up. A good economy (compared to others) is recovering all the time.
Is actually hard to break a fine economy ...even you're a bad politician

Stay close for the weekend huge gap though!
Attached Image (click to enlarge)
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Size: 45 KB
Member
 
2
  • Comment #17
  • Quote
  • May 10, 2019 5:03am May 10, 2019 5:03am
  •  Ghass1234
  • | Joined Dec 2018 | Status: Member | 1411 Comments
Quoting TudorIoan
Disliked
SP500 seem still firm on W1. War trade? Another crisis? What crisis? The global slowdown is well managed and well administered so far! The US is doing fine (compared to others), despite idiots, detractors, frustrated, envious! It always comes back up. A good economy (compared to others) is recovering all the time. Is actually hard to break a fine economy ...even you're a bad politician Stay close for the weekend huge gap though! {image}
Ignored
What do u mean a gap down or up ? but tarrifs are applied . i dont think they will have a resolution so fast
 
 
  • Comment #18
  • Quote
  • May 10, 2019 5:08am May 10, 2019 5:08am
  •  TudorIoan
  • Joined Dec 2015 | Status: Member | 3355 Comments
Quoting Ghass1234
Disliked
{quote} What do u mean a gap down or up ? but tarrifs are applied . i dont think they will have a resolution so fast
Ignored
Yes, agree... is hard to believe they will easily concur this weekend!
Big stake on the table = gap (one way or another)
What ever the result, the biased market will make a gap IMO. ...down, probably
...but maybe the letter from president Xi will give hope
Member
 
 
  • Comment #19
  • Quote
  • May 10, 2019 6:02am May 10, 2019 6:02am
  •  Ghass1234
  • | Joined Dec 2018 | Status: Member | 1411 Comments
Quoting TudorIoan
Disliked
{quote} Yes, agree... is hard to believe they will easily concur this weekend! Big stake on the table = gap (one way or another) What ever the result, the biased market will make a gap IMO. ...down, probably ...but maybe the letter from president Xi will give hope
Ignored
i am not lucky i sold , imagine Manufacturing in Britain went up so the stocks , i got my orders closed . my mistake. i wonder where the fuck they live the Eurpeans , Banks did not hear about the tarrifs so they are buying . i hate these fuckin machine that they buy and sell automatically , they are the one screwing the market.
 
 
  • Comment #20
  • Quote
  • May 10, 2019 6:13am May 10, 2019 6:13am
  •  TudorIoan
  • Joined Dec 2015 | Status: Member | 3355 Comments
Quoting Ghass1234
Disliked
{quote} i am not lucky i sold , imagine Manufacturing in Britain went up so the stocks , i got my orders closed . my mistake .
Ignored
If stay on US-China topic, we should have bought Shanghai Composite and sold S&P 500 when the tariff hike
The rest is troll ego from us here
Member
 
 
  • Comment #21
  • Quote
  • May 10, 2019 6:21am May 10, 2019 6:21am
  •  Ghass1234
  • | Joined Dec 2018 | Status: Member | 1411 Comments
Quoting TudorIoan
Disliked
{quote} If stay on US-China topic, we should have bought Shanghai Composite and sold S&P 500 when the tariff hike The rest is troll ego from us here
Ignored
yes ego kills us . once ur ego u loose ure margin , that's what happend to me
 
 
  • Comment #22
  • Quote
  • May 10, 2019 6:30am May 10, 2019 6:30am
  •  skillz16
  • Joined Mar 2015 | Status: Member | 125 Comments
Meanwhile back at the Fed...

"CONTROL + P guys! Now is not the time to flinch!"
 
 
  • Comment #23
  • Quote
  • May 10, 2019 6:55am May 10, 2019 6:55am
  •  TudorIoan
  • Joined Dec 2015 | Status: Member | 3355 Comments
Anyone for the Uber today?
Member
 
 
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  • blurstar
  • Comment #25
  • Quote
  • May 10, 2019 8:39am May 10, 2019 8:39am
  •  fxsport
  • Joined Jul 2007 | Status: Member | 2646 Comments
Quoting Hisham2019
Disliked
This economic confrontation will lead to more pressures on the currency market and most probably the AUD will suffer, where the USD will gain more power.
Ignored
Agree with you on AUD for as the Chinese economy goes so does the Aussie.

USD strength? More difficult to predict.
...because you never know - until you do!
1
 
  • Comment #26
  • Quote
  • May 10, 2019 9:57am May 10, 2019 9:57am
  •  newbegger
  • Joined May 2011 | Status: Member | 54 Comments
A picture from CNN shows the tariff situation.
Attached Image (click to enlarge)
Click to Enlarge

Name: Tariffs.png
Size: 300 KB


Notice how almost all of China imports are subject to tariff while about half of US imports subject to tariff. The real story is that much of the imported product is US based companies so the US companies that manufacture everything in China like Apple, Nike and most textiles, GM, etc will be hurting on bottom line as they will have to eat the losses to the bottom line, or have to find cheaper manufacturing.
Ecclesiastes 1:9
 
 
  • Comment #27
  • Quote
  • May 10, 2019 10:23am May 10, 2019 10:23am
  •  robgsxr
  • | Joined Aug 2008 | Status: Member | 73 Comments
Quoting newbegger
Disliked
A picture from CNN shows the tariff situation. {image} Notice how almost all of China imports are subject to tariff while about half of US imports subject to tariff. The real story is that much of the imported product is US based companies so the US companies that manufacture everything in China like Apple, Nike and most textiles, GM, etc will be hurting on bottom line as they will have to eat the losses to the bottom line, or have to find cheaper manufacturing.
Ignored
They could manufacture their products in the U.S. like they did before transferring en masse to China.
 
 
  • Comment #28
  • Quote
  • May 10, 2019 10:24am May 10, 2019 10:24am
  •  robgsxr
  • | Joined Aug 2008 | Status: Member | 73 Comments
Quoting newbegger
Disliked
A picture from CNN shows the tariff situation. {image} Notice how almost all of China imports are subject to tariff while about half of US imports subject to tariff. The real story is that much of the imported product is US based companies so the US companies that manufacture everything in China like Apple, Nike and most textiles, GM, etc will be hurting on bottom line as they will have to eat the losses to the bottom line, or have to find cheaper manufacturing.
Ignored
They could manufacture their products in the U.S. like they did before transferring manufacturing plants en masse to China.
 
 
  • New Comment
  •  Guest
  • | IP XX.XXX.99.248
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  • Story Stats
  • Posted: May 10, 2019 12:05am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 28  /  Views: 10,214
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