China retaliates, slaps duties on U.S. soybeans, planes; markets skid

[workinclasszero]

China retaliates, slaps duties on U.S. soybeans, planes; markets skid
Michael Martina, David Lawder APRIL 4, 2018 / 12:30 AM / UPDATED 13 MINUTES AGO

BEIJING/WASHINGTON (Reuters) - China hit back quickly on Wednesday against the Trump administration’s plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports including soybeans, planes, cars, beef and chemicals.

The speed with which the trade struggle between Washington and Beijing is ratcheting up – China took less than 11 hours to respond with its own measures – led to a sharp selloff in global stock markets and commodities.

U.S.-made goods that appear to face added tariffs in China based, on an analysis of Beijing’s list, include Tesla Inc electric cars, Ford Motor Co’s Lincoln auto models, Gulfstream jets made by General Dynamics Corp and Brown-Forman Corp’s Jack Daniel’s whiskey.

Unlike Washington’s list, which was filled with many obscure industrial items, China’s list strikes at signature U.S. exports, including soybeans, frozen beef, cotton and other key agricultural commodities produced in states from Iowa to Texas that voted for Trump in the 2016 presidential election.

https://www.reuters.com/article/us-usa-trade-china/china-retaliates-slaps-duties-on-u-s-soybeans-planes-markets-skid-idUSKCN1HB0G6

[CountAllVotes]

1. and that nasty Trifexis crap

For fleas on a dog and protects against heart worm too! However, seems the USA has a shortage of the heart worm component of this DRUG and gee, now the dog is spinning in circles and dying.

Was it from the spinosad (flea component) or was it the heart worm component? The shortage has been made up from good old China btw!

You haven't seen anything yet. Chinese products are found mixed into many American made products, Trifexis just one of them.

Proceed with caution PLEASE!

[Achilleaze]

2. "Don't want your stinkin corporate GMO-glyphosate soy crap." - Chiner