[MtnClimber]

We are entering a negotiating period where we now have leverage to get other countries to lower their tariffs on our products if they want us to lower tariffs on their products. These other countries may need to reduce their welfare state handouts to reduce government expenses to compensate for lost tariff revenue from the USA.

[babble-on]

The negotiations will take the form of bribes paid directly to Trump.

[Theoria]

A 2 term President has leverage, someone who has a limited amount of time does not. Trump is a lame-duck, he will be happy to hold the congress in the next election. Changing norms takes time.

The lack of long term planning and substance coming out of the WH is not supportive of holding the line on tariffs and the consequences of decoupling. The market and other countries can squeeze Trump to the negotiation table. There is no pressure on China to change, they can wipe out millions there without a concern for blow back.

[napscoordinator]

China just added 34 percent to their tariffs. I didn’t even think they were on the list.