SHARE THIS ARTICLE

Phase One of the new US-China trade deal was signed last week, and its unconventional approach is likely to lead to a nice jolt for Tesla Model X and S sales from California to China.

Unlike most trade deals that set tariff rates and non-discrimination clauses, this deal has a much more transactional component: China commits to spend at least $200 billion extra on US goods and services over what it spent in 2017. Of that $200 billion, $162.1 billion is earmarked for US-made goods. That’s a lot. In 2017, China imported just $127.7 billion in US goods.



Read Article


Tesla Best Poised To Take Advantage Of New China Trade Deal

About the Author

Agent009

User Comments

USNA1999
runninglogan1
FAQMD
SanJoseDriver

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]