Posted on 04/09/2025 11:16:28 AM PDT by RandFan
SUMMARY
Donald Trump announces a 90-day pause on higher tariffs for dozens of countries - but hikes levies on China to 125%
There will now be a universal tariff of 10% on all countries' goods, except for China
He says the higher rate for China is because of "the lack of respect that China has shown to the world's markets"
Earlier on Wednesday, China announced an 84% tariff on US imports after Donald Trump imposed a 104% tariff on Chinese goods entering the US
Stock markets surged after Trump made his announcement - the president appears to have blinked, writes Natalie Sherman in New York
(Excerpt) Read more at bbc.co.uk ...
Stocks up massively...
Weird, along with the market gold is up over $100 an ounce.
LOL! “Trump blinked” - on in the eyes of the simple minded. He’s multiple steps ahead here...
To the Chicoms: FAFO!
The art of the deal!
Trump’s target is China!
Blink? He just made it clear he’s kicking China in the balls.
Blink? No.
He did what fighters do. We have a real fighter in the White House.
I’m going to the gym to work on the heavy bags.
President Trump did the equivalent of ‘Adapt, improvise, and overcome’
Yes or no, depends on who is speaking. According to Charlie Gasparino on Fox overnight the bond market tanked with Japan the culprit. At that point Trump had taken the matter to the edge, paused and decided to take the win. Gasparino also says any deal with China on Tik Tok is dead.
Doubtful. He went to the extreme to break the inertia of the status quo. Now that he's got everyone's attention, and by news accounts, nations are reaching to strike deals.
The “win” is bringing nations, other than China, to the table to negotiate tariffs and other trade issues to benefit the US.
Blink? Only to those people blinded by TDS.
GOAT
As Sec. Bessent said, “You might say Trump goaded China and they went the wrong way”.
This isn’t hard to understand: We “like” cheap crap from China but they NEED our consumption else their economy collapses. Think of it like a farmer who has 100 milk cows and decides to play tough guy with the dairy that buys his milk. Regardless of the price or who the customer is, cows need to be milked twice a day - what’s he going to do with it? Before very long China will be at the bargaining table.
You’re such an idiot.
bingo … master class by Trump…he has isolated China in the free market with this move…everyone now knows who the bad actor Is….
Rand fan...seriously?
I dunno if he blinked or not. He always has the option. In hindsight maybe it will look like a grand plan to re-isolate China.
There was no blinkage.
Trump didn’t blink. People are so happy to only have 10% for the next 3 months and steel, auto tariffs remain and he’s still talking pharmaceuticals. This is now the starting position with an understanding by everyone that they have to give him favourable deals. On top of that China is isolated because they seem to be the only ones who responded negatively. This is next level negotiations. I’m more than impressed. All this while middle management no body’s in the house and the senate try and undercut his negotiating position. This will be taught to students in years to come.
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