Hu Xijin Tips Stimulus, Mocks Trump’s ‘Hilarious Analysis’ As China Doesn’t Exempt US Farm Products In Tariff Waivers

China on Wednesday said it will exempt a list of US goods from 25% additional tariffs put in place last summer in retaliation to the initial escalatory stages of Donald Trump's trade war. The announcement, courtesy of the Ministry of Finance's website, is perhaps more notable for what isn't exempt than for what is. Left off the reprieve list are US farm goods, including soybeans and pork. In other words, China is not prepared to give up the political leverage Beijing obtained by taxing agricul
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