Li’s 3,732 Ways To Boost The Chinese Economy Via Tariff Cuts — Panjiva


Li’s 3,732 Ways To Boost The Chinese Economy Via Tariff Cuts

China 1758 Cons. Discr. - Autos 661 Info Tech - Tech Hardware 378 Tariffs 1169

China’s Premier, Li Keqiang, has indicated a further round of import duty reductions is possible as soon as October. That would represent a fiscal stimulus – tariffs are a tax on consumption – as well as burnishing China’s free trade credentials. Such a move would follow an initial round of tariff reductions covering $64 billion of basic consumer products in June. There’s a further 3,732 product lines that could benefit from lowered MFN duties. The largest in terms of potential tariff reductions include passenger cars ($11 billion of duties paid at a 25% rate), processor semiconductors (...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.