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Eugene

(64,694 posts)
Wed Apr 30, 2025, 09:47 PM Wednesday

China creates list of US-made goods exempt from 125% tariffs, sources say

Source: Reuters

China creates list of US-made goods exempt from 125% tariffs, sources say

Andrew Silver
Wed, April 30, 2025 at 12:05 AM EDT·3 min read

SHANGHAI (Reuters) -China has created a list of U.S.-made products that would be exempted from its 125% tariffs and is quietly notifying companies about the policy, two people familiar with the matter said, as Beijing seeks to ease the impact of its trade war with Washington.

China has already granted tariff exemptions on select products including select pharmaceuticals, microchips and aircraft engines and was asking firms to identify critical goods they need levy-free, Reuters reported on Friday. However, the existence of a so-called 'whitelist' had not been previously reported.

The quiet approach allows Beijing, which has repeatedly said it is willing to fight till the end unless the U.S. lifts its 145% tariffs, to maintain its public messaging while privately taking practical steps to provide concessions.

-snip-

Read more: https://news.yahoo.com/news/finance/news/china-creates-list-us-made-040548359.html

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China creates list of US-made goods exempt from 125% tariffs, sources say (Original Post) Eugene Wednesday OP
China blinked, guess that capitalism tRumped communism after all. nt ImNotGod Wednesday #1
I wish that every time people make rational pragmatic decisions, somebody doesn't pop up and say "they blinked" Bernardo de La Paz Wednesday #2
In the spirit of comradery, I notice your user name and the fact that is your 666th post, for which Bernardo de La Paz Wednesday #3

Bernardo de La Paz

(55,124 posts)
2. I wish that every time people make rational pragmatic decisions, somebody doesn't pop up and say "they blinked"
Wed Apr 30, 2025, 10:47 PM
Wednesday

It is an all too common simplistic and very shallow kind of remark (not the person, the remark, folks).

It is symptomatic of a world view that insists on purity tests and loyalty tests. Fundamentally it is binary thinking; the False Dichotomy logical fallacy. The world is full of nuance and shades of grey and degrees of things and gradations. It is a false choice. It is the most pernicious of all logical fallacies and the most common. It is the kind of thinking that scientists and engineers and doctors avoid. Scientists rarely speak in certainties but explain the limits of the data and the theory. Doctors don't say "you're a goner" but rather things like "If you do A and B you will greatly improve your chance of living more than six months". (Of course there are many exceptions.)

You can avoid it too, if you set your mind to it. ("You" being used in the plural, general sense, address all who are prone to it.) It is easy to stop that kind of thinking if you become aware of it and notice it every time you use it and every time you see others use it. Look for it. Train yourself.

I dread the torrent of "He blinked" remarks forthcoming against Prime Minister Dr. Mark Carney, D.Phil. Oxford, B.A. Harvard, when he negotiates some kind of resolution to the tariffs. Probably a NAFTA 3.0 (CUSMA 2.0), similar to what previous pragmatic Canadian Prime Ministers negotiated.

Pragmatism is NOT a sign of weakness. It is one thing to say tRump blinked because he is fundamentally a weak sack of shit with no vision and no strategic understanding and no thought out plan. tRump is not pragmatic or rational. He is reactive and emotional.

As to Xi, he has many motivations not all of which are known or clear. Maybe he blinked, but I doubt it. He did not become leader of a huge nation with a violent past within living memory by being a coward or stupid. (1949 Revolution, Great Leap Forward famine, Cultural Revolution, Tiananmen Square)

Let's not apply the slur against intelligent caring pragmatic leaders like Carney who are facing a challenge that would make 99.9% of DU members quake in their boots because of the weight of the responsibility.

Bernardo de La Paz

(55,124 posts)
3. In the spirit of comradery, I notice your user name and the fact that is your 666th post, for which
Wed Apr 30, 2025, 10:49 PM
Wednesday

... for which I hope you chuckle with me.
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