Saturday, September 22, 2018

Quick News Flash: China Announces Broad Import Tax Cut

Click here to read the original Cautious Optimism Facebook post with comments

A quick news flash from the Cautious Optimism Correspondent for Economic Affairs and Other Egghead Stuff.

Interesting news on the trade/tariff front.
"China Plans Broad Import Tax Cut as Soon as October"

This could turn out to be just a head fake, but the relative silence from most of the mainstream media suggests that the timing and coincidence with President Trump's recent tariff pressure isn't, well, just a coincidence.

Will be watching to see if this develops further.

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