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NW MN | * In return, China has agreed to buy a substantial amount of
agricultural, industrial and energy products from the U.S.,
aiming to narrow the bilateral trade deficit. The U.S. can
present this as a win. The cost for China is relatively low.
China has to buy its soy beans, liquefied natural gas and
airplanes from somewhere. At least until tensions ease, it will
buy more from the U.S., and less from other trade partners.
The posters here have done just as good of a job as speculating the last 24 hours as these reports do. Who says they must buy less from others trade partners. Lots of those bullet points are just assumptions. | |
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Another email I just got
