Current Events > Chinese trade surplus with US hits record high despite Trump tariffs.

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Kombucha
10/13/18 3:06:43 PM
#1:


Do you support Donald Trump's tariffs? - Results (12 votes)
Yes
33.33% (4 votes)
4
No
66.67% (8 votes)
8
China's September trade surplus with U.S. widens to record $34.13 billion

BEIJING (Reuters) - Chinas trade surplus with the United States surged to a record high of $34.13 billion in September, compared with $31.05 billion in August, Chinese customs data showed on Friday.

The September surplus with the U.S. was larger than Chinas overall trade surplus of $31.69 billion for the month.

For January-September, Chinas trade surplus with the United States was $225.79 billion, compared with about $196.01 billion in the same period last year.

Chinas large trade surplus with the United States has long been a sore point with Washington and is at the center of an increasing bitter dispute between the worlds two biggest economies.

The United States and China imposed new tit-for-tat tariffs against each others goods in late September, the latest escalation in a heated trade war between them.


More reading/source
https://www.reuters.com/article/us-china-economy-tradae-surplus-usa/chinas-september-trade

-surplus-with-u-s-widens-to-record-34-13-billion-idUSKCN1MM07V

shortened url: https://is.gd/1uOeu0

Do you think Donald Trump's tariffs were a good idea? Why or why not? Do you think he should have used the depression era program to flood the agricultural sector when Chinese tariffs brought farmers to their knees? Do you think Donald Trump is sick of winning yet?
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josifrees
10/13/18 3:08:33 PM
#2:


Tariffs are great
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Quit Crying
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Error1355
10/13/18 3:09:30 PM
#3:


I love that Donald Trump seems to think that China and not the US importer pays the tariffs.
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Muffinz0rz
10/13/18 3:12:11 PM
#4:


WlNNING!
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Chad-Henne
10/13/18 3:36:30 PM
#5:


But I thought Trump knew all about business and finances

Are you telling me that dipshit America was fooled by a blustering asshole with no real comprehension of his actions?
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Error1355
10/13/18 3:37:03 PM
#6:


Chad-Henne posted...
But I thought Trump knew all about business and finances

Are you telling me that dipshit America was fooled by a blustering asshole with no real comprehension of his actions?

http://fortune.com/2018/10/09/ford-stock-today-layoffs-trump-trade-tariffs/
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Welcome home, shed your skin and expose your bones.
Take my hand, follow us into the black so far that we can't get back.
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Chad-Henne
10/13/18 3:37:58 PM
#7:


Error1355 posted...
Chad-Henne posted...
But I thought Trump knew all about business and finances

Are you telling me that dipshit America was fooled by a blustering asshole with no real comprehension of his actions?

http://fortune.com/2018/10/09/ford-stock-today-layoffs-trump-trade-tariffs/


At least he's not a woman tho
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VipaGTS
10/13/18 3:40:45 PM
#8:


Trump and his admin are idiots. More at 11.
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Kombucha
10/13/18 4:14:07 PM
#9:


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ArchiePeck
10/13/18 4:15:11 PM
#10:


It's almost as if you can't win a trade war against a vastly more powerful economy than your own.
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DavidWong
10/13/18 4:15:52 PM
#11:


Tariffs lead to depression. Tariffs are a garbage way of trying to protect your country. Free market is the only way to go
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Unbreakable
10/13/18 4:20:30 PM
#12:


Error1355 posted...
I love that Donald Trump seems to think that China and not the US importer pays the tariffs.

Donald Trump is not very intelligent and he doesn't understand how the economy works.
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But Wait... there's more
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