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Thread: Pence Vows No End to Tariffs Until China Bows

  1. #1

    Pence Vows No End to Tariffs Until China Bows

    Some surprising headlines coming out of APEC Summit that ended in disarray reportedly:


    Pence Vows No End to Tariffs Until China Bows

    By Reuters
    November 17, 2018
    PORT MORESBY—The United States will not back down from its trade dispute with the Chinese regime, and might even double its tariffs, unless Beijing bows to U.S. demands, Vice President Mike Pence said on Nov. 17.
    In a bluntly worded speech at an Asia Pacific Economic Co-operation (APEC) summit in Papua New Guinea, Pence threw down the gauntlet to China on trade and security in the region.
    “We have taken decisive action to address our imbalance with China,” Pence declared. “We put tariffs on $250 billion in Chinese goods, and we could more than double that number.”
    “The United States, though, will not change course until China changes its ways.”
    The stark warning will likely be unwelcome news to financial markets which had hoped for a thaw in the Sino-U.S. dispute and perhaps even some sort of deal at a G20 meeting later this month in Argentina.


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  3. #2
    Trump reached a deal with Mexico and Canada- the tariffs on them are still in place. Granted the deal didn't really change much from the previous "worst deal in the world".

  4. #3
    Quote Originally Posted by Zippyjuan View Post
    Trump reached a deal with Mexico and Canada- the tariffs on them are still in place. Granted the deal didn't really change much from the previous "worst deal in the world".
    The deal isn't in place yet and it didn't deal with the issues the tariffs are about.
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  5. #4
    Quote Originally Posted by Swordsmyth View Post
    The deal isn't in place yet and it didn't deal with the issues the tariffs are about.
    The deal still has to be approved by the signing countries including the US.

  6. #5
    "Bow" is probably a poor choice of words, negotiate reasonably would be better.
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  7. #6

  8. #7
    Quote Originally Posted by dannno View Post
    "Bow" is probably a poor choice of words, negotiate reasonably would be better.
    Other media outlets are using different kinda f-word terminology:

    Pence: No end to tariffs until China folds

    Nov. 17, 2018 |By: Yoel Minkoff, SA News Editor

    "We put tariffs on $250B in Chinese goods, and we could more than double that number," Vice President Mike Pence told the APEC summit in Papua New Guinea, stating the "U.S. will not change course until China changes its ways."



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