Posted 6/23/2018 18:49 (#6830065 - in reply to #6829932) Subject: RE: China's Tariff Threat
Northeast Nebraska and Candelaria Philippines
If beans go down 25%, the people of China pay the same, but the Chinese government collects a 25% tax.
Of course, I'm not convinced it's much of a tariff anyways since a Chinese government-sponsored entity is who is buying beans in China, it's like they are paying the tariff tax to themselves.