Kina går Trump i møte- REC RALLY?


China has offered President Donald Trump a $200 billion reduction in its annual trade surplus with the U.S. by increasing imports of American products and other steps, said a Trump administration official.

China made the offer during talks in Washington this week as Chinese Vice Premier Liu He visited to try to resolve a trade dispute, the official said, speaking on condition of anonymity. Liu met with Trump Thursday afternoon at the White House. The official didn’t describe the U.S. response.

U.S. officials conveyed the president’s goal for a fair trading relationship with China and the two sides agreed to continue the discussions on Friday, the White House said in a statement. China’s Ministry of Commerce and the State Council Information Office didn’t initially respond to requests for comment.

A $200 billion reduction in the U.S. trade gap with China by 2020 was on a list of demands the Trump administration made earlier this month as Treasury Secretary Steven Mnuchin led a delegation to Beijing. The U.S. merchandise trade deficit with China hit a record $375 billion last year.

The U.S. had earlier made additional demands, including a halt to subsidies and other government support for the Made in China 2025 plan that targets strategic industries from robotics to new-energy vehicles. China had made its own demands, including giving equal treatment to its investment, and warned U.S. companies may be excluded from measures to open its economy.

A deal to cut the deficit, if confirmed, "is good news for market sentiment," said Dariusz Kowalczyk, senior emerging-market strategist at Credit Agricole SA in Hong Kong. "That said, China would suffer pressure on GDP growth as a result and would need to boost domestic demand and debt in the economy through monetary easing and allowing more credit."

The yuan could weaken on the news given expectations for a deterioration of China’s balance of payments, while Chinese government bond yields may come under downward pressure, said Kowalczyk.

The Trump administration has threatened to impose tariffs on as much as $150 billion of Chinese imports to the U.S. as tensions over trade have escalated. Trump expressed doubt before his meeting with Liu that China and the U.S. would come to an agreement to avoid a damaging trade war.

President Has Doubts
“Will that be successful? I tend to doubt it,” Trump said during a press briefing on Thursday with NATO Secretary-General Jens Stoltenberg. “The reason I doubt it is because China’s become very spoiled.”

Shane Oliver, head of investment strategy at AMP Capital Investors Ltd. in Sydney, said the Chinese proposal is “a positive sign that a full on trade war may be averted.”

“By making a significant offer to the U.S. it indicates that China is taking the negotiations very seriously,” Oliver said. “Much will depend on the details and time period and later in terms of the implementation.”

Reuters reported China’s trade deficit reduction offer earlier.

The U.S. and China were expected to exchange new trade proposals during the Washington talks, Trump economic adviser Larry Kudlow said earlier Thursday. Mnuchin is leading the talks with Liu, along with Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer, according to the White House.

Victor Shih, a professor at the University of California in San Diego who studies China’s politics and finance, said he finds an agreement to cut the U.S. deficit by $200 billion "difficult to contemplate."

"Even with a drastic reallocation of Chinese imports of energy, raw materials and airplanes in favor of the U.S., the bilateral trade deficit may reduce by $100 billion," he said. "A $200 billion reduction would mean a drastic reduction in Chinese exports to the U.S. and a dramatic restructuring of the supply chain."

Market Access
Kudlow said the U.S. focus is on China opening market access to American companies by lowering their trading barriers and addressing U.S. concerns over the theft of intellectual property.

“American ownership of its own companies in China must be permitted,” Kudlow said. “We are going to have serious talks dealing with a difficult trade situation that needs to be fixed.”

Trump also said on Thursday that his decision to order a review of U.S. penalties on China’s ZTE Corp. came directly at the request of Chinese President Xi Jinping. “The president of China, President Xi, asked me to look at it. I said I would look at it,” Trump said, adding “But anything we do with ZTE is always -- it’s just a small component of the overall deal.


In a surprise move, Trump on Sunday said that the U.S. was considering ways to help get ZTE ‘’back in business fast,” fueling speculation of a softening of his get-tough position on China. The Commerce Department blocked ZTE’s access to U.S. suppliers last month, saying the company had violated a 2017 sanctions settlement related to trading with Iran and North Korea and then lied about the violations.


https://www.bloomberg.com/news/articles/2018-05-17/china-said-to-offer-trump-200-billion-cut-in-u-s-trade-deficit
Ratta
20.05.2018 kl 17:13 7055

Tariffen på polysilicon løper ut neste år, så sjansen for at den ikke fornyes øker, bull uansett!
20.05.2018 kl 17:14 7048

Nettopp!! Megabull x 5

Det kan gå noen uker før detaljene kommer. Ser bra ut ja:)

2,40 antydet Pirato hvis straffetoll ble fjernet.
20.05.2018 kl 19:18 6732

Og det er 80% sannsynlig at det skjer og nå blir det trangt inn rec døren på tirsdag
Solerbra
20.05.2018 kl 19:33 6688

En kan jo håpe, men nå oppfatter jeg ikke at aksjen Rec ha vært koblet til selskapet Rec på årevis. Gode nyheter på løpende bånd i år til tross, så er kursen i dag ca. som ved årsskifte. Så hvorfor skulle en gladnyhet til endre mønsteret? For min del har jeg ikke vært borti en aksje jeg mener er så til de grader manipulert og styrt. Men skulle det nå komme en ny tid, så er det ikke meg imot.
grabein
20.05.2018 kl 21:21 6384

Det er bare mulig å manipulere en aksje det er lite interesse for. REC har vært en slik, det er lenge siden den har vært nevnt noe særlig i media, og heller ikke på XI har den knapt vært diskutert på lenge. Det betyr at folk flest ikke får høre om potensialet (uavhengig av gode kvartalsrapporter og guiding), som igjen betyr at husene lett kan herje. Jeg kan ikke skjønne annet enn at dette må ende på et tidspunkt, og at tidspunktet sannsynligvis er nå.
20.05.2018 kl 21:38 6333

Tidspunktet er nå!
22.05.2018 kl 08:22 5168

Pretrade sterk, vi får en god REC dag i dag.

Pre trade 1,394
22.05.2018 kl 09:15 3299

RT 1,395 og opp 2%...here we go!!
sindree
22.05.2018 kl 09:32 3198

MCAP,

Poly er ikke nevnt spesifikt, men det kan definitivt defineres til å ligge under energi-paraplyen. Spesielt med tanke på hva trump har sagt tidligere i forhold til tariffen på polysil. At bloomberg ikke nevner dette kan ha noe med å gjøre at poly i realiteten er en underleverandør til energibransjen. Men kan også ha noe med at journalisten ikke tenker så langt...
halvpris
22.05.2018 kl 12:18 3058

Skulle tro at der det var reell toll og høy toll, slik som på Rec ble det første kinamann lemper på.

REC lider i farvannet mellom maktenes tinder. Håpet om snarlig løsning blekner igjen.

China bedriver hardt målrettet, stålsatt micro og macro spill, hjemme og ute/ -globalt.
China fikk nylig inn en forsurende kile de-luxe, plassert i Nord-Korea. USA - Nord-Korea juni...…? Usikkert om møte vil finne sted etc etc.....

Handelskrigen har nok bare et hvileskjær, før ny opptakt.
davan
22.05.2018 kl 13:50 2776

Rally, my ass Intet som biter på denne, kun rally feil vei!!!!
MCAP123
22.05.2018 kl 14:22 2667

Det kommer flere detaljer hele tiden så håper det etter hvert kommer noe om poly spesifikt også.
Men generelt er klima mellom USA og China kraftig forbedret og håp om poly lifting of tariff lever sterkere en noensinne.
Kommer jo et møte om noen uker igjen i China hvor det skal forhandles videre, kanskje kommer det nyheter da. men det kan jo komme når som helst, siden de nå daglig slipper nyheter/detaljer fra avtale. At det ikke er mer aktivitet i REC en dag som denne etter de meget positive nyheter vi fått i helgen er forunderlig og litt uvirkelig men ok da var det de som var våkne som fikk gratis sjanse å handle mer hvis de ønsket det.


Fra newsletter (mottatt nå) seeking alpha.
The easing of trade tensions between the U.S. and China is continuing, with the latter pledging to cut import tariffs on passenger vehicles to 15%, down from 25%. Import duties on car parts will be reduced to 6%. It comes after Washington froze its proposed Chinese tariffs and looked into lifting the ban on ZTE, while Beijing halted its probe into U.S.

The U.S. and China have agreed on the broad outline of a deal that would save China's ZTE (OTC:ZTCOY), WSJ reports, as the two nations move closer to resolving their trade dispute. It would be required to make significant changes to management and the board, as well as pay possible fines, to lift a ban on U.S. companies selling the telecom giant components and software.
Redigert 22.05.2018 kl 14:32 Du må logge inn for å svare
MCAP123
22.05.2018 kl 22:03 2459

Mnuchin said the recent talks will serve as a framework now for companies to negotiate privately. He expressed particular enthusiasm regarding energy, estimating that U.S. companies likely can sell $40 billion to $50 billion to companies in China.
He added that one of the main concerns from Chinese officials was simply the ability of the U.S. to deliver the goods that China wants.
"This should be very, very good for U.S economic growth," Mnuchin said. "You combine this with tax cuts and I think we're looking at very strong GDP growth for the rest of the year." https://www.cnbc.com/2018/05/21/mnuchin-weve-made-very-meaningful-progress-with-china-on-trade-issues.html?recirc=taboolainternal
Redigert 22.05.2018 kl 22:04 Du må logge inn for å svare
tommy00
22.05.2018 kl 22:32 2368

USA har nesten full sysselsetning og begrensede muligheter for å øke salget til Kina. Boeing har feks sagt at de er fullbooket de neste par årene men kan muligens få noen av de eksisterende kundene til å utsette slik at det kan leveres i størrelsesorden 10 ekstra fly til Kina. Polyprodusentene kan øke salget til Kina på relativt kort varsel, så om polyavgiftene fjernes vil dette føre til 1,5 milliard dollar øket salg til Kina.
I motsetning til feks fly der produksjonskapasiteten er mer eller mindre fullt ut utnyttet, slik at øket salg til Kina fører til redusert salg til andre land, så kjører poly på halv fart, slik at USAs totale utenrikshandel økes om tollen fjernes.
Alle monner drar sa musa....:)
Redigert 22.05.2018 kl 22:59 Du må logge inn for å svare