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Economies the us pays a twenty five percent tariff on cars it brings to china while china only pays two point five percent in judy s on cars it exports to the u.s. that s not the complete picture the u.s. sells six times more cars in china than the other way around but appeasing washington was the thrust of chinese president xi jinping speech to an audience of international business leaders at the ball out for. young. she charged we will lower the import tariffs for cars. john b. at the same time we will lower the import tariffs of some other products the only legal there are cards to respect the people s demands for special superior product imports. she also pledged improved access to the financial sector and stronger intellectual property rights although the us was not specifically ....
Charged we will lower the import tariffs for cars. john b. at the same time we will lower the import tariffs of some other products. the only legal there are cards to respect that people s demands for special superior product imports. she also pledged improved access to the financial sector and stronger intellectual property rights although the u.s. was not specifically mentioned she speech seemed that addressing the sources of the trade conflict his words were welcomed by markets the world over but china s made similar commitments before with little implementation this time around however the stakes are higher insufficient action could pave the way for further escalation. kristen s joins us now senior partner of the international consultancy control risks in london chris first of all i want to point out to our viewers that there is ....
Tuesday but few think he ll turn words into action. cars are a major sticking point in the trade conflict between the world s two biggest economies the us pays a twenty five percent tariff on cars it brings to china while china only pays two point five percent in judy s on cars it exports to the u.s. that s not the complete picture the u.s. sells six times more cars in china than the other way around but appeasing washington was the thrust of chinese president xi jinping speech to an audience of international business leaders at the ball out for. young. she will lower the import tariffs for cars. john b. at the same time we will lower the import tariffs of some other products the only legal there are cards to respect the people s demands for special superior product imports. she also pledged improved access to the financial sector ....