{"id":378902,"date":"2018-09-28T06:53:08","date_gmt":"2018-09-28T05:53:08","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/china-is-cutting-tariffs-on-non-us-goods\/"},"modified":"2018-09-28T06:53:08","modified_gmt":"2018-09-28T05:53:08","slug":"china-is-cutting-tariffs-on-non-us-goods","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/china-is-cutting-tariffs-on-non-us-goods\/","title":{"rendered":"China Is CUTTING Tariffs On NON-US Goods"},"content":{"rendered":"<div>\n<p>      <!-- START CONTENT --><\/p>\n<p><strong>Mac Slavo<\/strong><br \/><a href=\"http:\/\/www.shtfplan.com\/headline-news\/another-blow-to-the-us-china-is-cutting-tariffs-on-non-us-goods_09262018\" target=\"_blank\" rel=\"noopener\">SHTFplan.com<\/a><br \/>Sept 27, 2018<\/p>\n<p><strong>China has decided to come out swinging against president Donald Trump\u2019s trade war.\u00a0 In a recent move, the Communist country has elected to cut tariffs on imports that come from anywhere other than the United States.<\/strong><\/p>\n<p>This simple yet effective step taken in the combat that has become a trade war show that China is not backing down and will be in it for the long haul.\u00a0\u00a0<a href=\"https:\/\/www.businessinsider.com\/trump-trade-war-china-cuts-tariffs-to-protect-consumers-2018-9\" target=\"_blank\" rel=\"noopener\">China\u2019s government announced<\/a>\u00a0Wednesday that the country would cut import tariffs on a slew of goods to lessen the impact of the trade war with the US. Duties on textiles, construction equipment, and more than 1,500 other goods will drop on November 1, according to the Chinese government. Chinese state media said the move was expected to save consumers in the country 60 billion yuan, about $8.7 billion.<\/p>\n<p>Even Communist China understands tariffs are paid by consumers. Attempting to ease the financial burden on their citizens, China took steps to help while the US continues to <a href=\"http:\/\/www.shtfplan.com\/headline-news\/financial-experts-warn-americans-will-pay-the-cost-of-a-trade-war_07182018\" target=\"_blank\" rel=\"noopener\">punish everyday Americans and push the cost of the trade war off onto their backs<\/a>.\u00a0\u00a0<a href=\"https:\/\/www.businessinsider.com\/trump-trade-war-china-tariff-long-haul-2018-9?r=UK&amp;IR=T\" target=\"_blank\" rel=\"noopener\">According to<em> Business Insider<\/em><\/a>, all indications have pointed to a protracted trade war as\u00a0<a href=\"https:\/\/www.businessinsider.com\/china-scraps-trade-talks-with-us-tariff-threats-2018-9\">China canceled talks<\/a>\u00a0following\u00a0<a href=\"https:\/\/www.businessinsider.com\/trump-china-trade-war-tariff-chinese-goods-2018-9\">President Donald Trump\u2019s latest round of tariffs<\/a>; and the\u00a0<a href=\"https:\/\/www.businessinsider.com\/trump-china-trade-war-tariffs-267-billion-goods-2018-9\">US is already threatening<\/a>\u00a0another round of restrictions.<\/p>\n<p class=\"\">Wednesday\u2019s move also shows that Beijing is also trying to tweak economic conditions in the country to weather a drawn-out fight, Edward Alden, a senior fellow at the Council on Foreign Relations, said. \u201cCutting tariffs makes a lot of sense,\u201d Alden said. \u201cIf you\u2019re worried about strengthening China\u2019s position in the supply chain if you cut tariffs \u2014 especially on intermediate goods \u2014 that helps the competitiveness of companies within China and it helps keep down consumer costs at a time the tariff war is driving them up.\u201d<\/p>\n<p>Cutting tariffs on non-US goods was a smart move on&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.prisonplanet.com\/another-blow-to-the-us-china-is-cutting-tariffs-on-non-us-goods.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mac SlavoSHTFplan.comSept 27, 2018 China has decided to come out swinging against president Donald Trump\u2019s trade war.\u00a0 In a recent move, the Communist country has elected to cut tariffs on imports that come from anywhere other than the United States. This simple yet effective step taken in the combat that has become a trade war [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-378902","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/378902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=378902"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/378902\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=378902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=378902"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=378902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}