China bends the knee - AGAIN

Tuesday, May 13, 2025

A White House executive order Monday slashed the "de minimis" tariff on China shipments to 54% from 120%, with a $100 flat fee starting May 14.

Posted by ScottS at 09:35 AM | 8 COMMENTS | permalink | Comment on This Entry |

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Also on Tuesday, it was reported that China has lifted its ban on Boeing (BA) plane deliveries.

China begins issuing rare earth export permits China has started allowing some companies to export rare earth magnets again"materials that are essential for making things like electric cars.

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This is what winning the trade war looks like. De minimis tariffs of 54% plus $100 flat fee basically is a meaningless concession as even with the reduced tariffs - those imports still drop to zero. In exchange, China is importing Boeing again and we get their rare earths. Total capitulation from China.

#1 | Posted by ScottS at 2025-05-13 09:38 AM | Reply

Ha ha ha.

We surrender and China agrees to make money by selling stuff to us again.

Yeah, that's China "bending the knee".

Man, you MAGA will believe anything.

#2 | Posted by Sycophant at 2025-05-13 10:15 AM | Reply

I do think it's a significant problem for the Republic that Republicans can no longer discern fact from fiction.

#3 | Posted by snoofy at 2025-05-13 10:17 AM | Reply | Newsworthy 1

"#2 | Posted by Sycophant"

Your comment here is extra ironic after I caught you posting fake number on the decreasing homicide rate thread. Yeah, I know you just made an honest mistake due to sheer stupidity and did not mean to lie.

#4 | Posted by ScottS at 2025-05-13 10:35 AM | Reply

Did the daughter-boning------------------- surrender his Chinese trademarks?

#5 | Posted by reinheitsgebot at 2025-05-13 10:38 AM | Reply

#3 | Posted by snoofy

Star Wars Andor is in its second season and the creator, Tony Gilroy, has described his writing process as, and I'm paraphrasing, we are looking at history books, not newspapers.

The most recent episode had a line that I can't help but associate with so much of what is currently going on in the GOP and in other far right parties across the globe.

"The death of truth is the ultimate victory of evil."

#6 | Posted by johnny_hotsauce at 2025-05-13 10:57 AM | Reply

We surrender and China agrees to make money by selling stuff to us again.

Yeah, that's China "bending the knee".

Man, you MAGA will believe anything.

#2 | Posted by Sycophant

OH MA FREAKING GAWD !!!

one month the little wichers here whine about trump preventing cnina from

selling stuff to the US and this weeks it's whine about T allowing china to sell

stuf to the US

a great example of democrats wandering in the nutjob tree invested forrest

and their only leaders are name aoc / jasmine and daivd fishing hogg...

yes sir....GOP WHITE HOUSE until 2036

BWAAAAAAAAAAAAAAAAAAAAAAAA

#7 | Posted by shrimptacodan at 2025-05-13 03:09 PM | Reply

"#2 | Posted by Sycophant"
Your comment here is extra ironic after I caught you posting fake number on the decreasing homicide rate thread. Yeah, I know you just made an honest mistake due to sheer stupidity and did not mean to lie.

#4 | Posted by ScottS

All you said was "I DISAGREE WITH THOSE NUMBERS!" and ran away. Typical Jeff behavior.

You keep getting fact checked into oblivion.

"Trump lowered prices because inflation only went up .2% instead of .3%!"

"Trump waiving the white flag means China bent the knee!"

"Trump is the only president to lower homicide rates even though they have been dropping since COVID!"

#8 | Posted by Sycophant at 2025-05-13 03:26 PM | Reply