I am seeing commodities, specially yesterday doing
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(Total Views: 193)
Posted On: 11/02/2018 9:18:47 PM
I am seeing commodities, specially yesterday doing well, except oil. I hope that means Republicans will do well in the elections. China has been waiting to negotiate until they see if Republicans do well. If they do bad China feels they can be more demanding with Trump. We have been subsidizing China like forever with a negative tariff ratio.
Snippet:
Under-Invoicing
Some analysts believe that Chinese importers may intentionally under-value imports from the
United States to lower the import tariff due on the shipment. In addition, some analysts believe
that Chinese exporters may intentionally under-value exports to the United States to maximize
their net proceeds overseas for various tax and regulatory reasons. More recently, bilateral trade
figures may have been distorted by “phantom goods” shipments from China to the United States
(and other locations) used to disguise attempts to move financial capital offshore.15 Due to the
“hidden nature” of under-invoicing, it is difficult to assess how much, if at all, this may be
contributing to the differences in the trade data.
https://fas.org/sgp/crs/row/RS22640.pdf
Snippet:
Under-Invoicing
Some analysts believe that Chinese importers may intentionally under-value imports from the
United States to lower the import tariff due on the shipment. In addition, some analysts believe
that Chinese exporters may intentionally under-value exports to the United States to maximize
their net proceeds overseas for various tax and regulatory reasons. More recently, bilateral trade
figures may have been distorted by “phantom goods” shipments from China to the United States
(and other locations) used to disguise attempts to move financial capital offshore.15 Due to the
“hidden nature” of under-invoicing, it is difficult to assess how much, if at all, this may be
contributing to the differences in the trade data.
https://fas.org/sgp/crs/row/RS22640.pdf
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