more tariffs on China ? everything will be fine ?

VitaMan's Avatar
News today is Trump will impose 50% more tariffs on China Wednesday if China
does not remove the 34% tariff they applied in response to Trump's 34 % tariff.


Also he hinted he may pause tariffs on other countries for 90 days.


This kind of haphazard approach has little benefit. It just increases the uncertainty of what Trump will do next. Are the companies considering moving plants to the US now supposed to go on pause ?
Yssup Rider's Avatar
He is a fucking moron and is bankrupting the world.

There will be no WWIII because nobody will have any money to buy his bombs.

Dumb dumb dumb.

And we ALL knew it was coming. Even the great Americans who support him to this very 11th hour.

Sky has fallen. Somebody needs to stop this asshole.
News today is Trump will impose 50% more tariffs on China Wednesday if China
does not remove the 34% tariff they applied in response to Trump's 34 % tariff.


Also he hinted he may pause tariffs on other countries for 90 days.


This kind of haphazard approach has little benefit. It just increases the uncertainty of what Trump will do next. Are the companies considering moving plants to the US now supposed to go on pause ? Originally Posted by VitaMan
... Nope, there is NO 90 day pause on the tariffs.
That was Fake News.

However, President Trump may cancel some of the tariffs
as a number of nations are willing to bargain. ...

China is gonna need to roll over. And quit-with the
ripping off America.

#### Salty
Even the EU has already caved and wants 0 for 0 tariffs. And the left cries some more as their Chicken Little act gets laughed at.
HDGristle's Avatar
Not quite. That offer was weeks ago.

https://www.theguardian.com/world/20...f-announcement

They're looking at some retaliatory packages
Even the EU has already caved and wants 0 for 0 tariffs. And the left cries some more as their Chicken Little act gets laughed at. Originally Posted by Lantern2814
the left lol? what in the beejesus do you think Trump's Wall Street buddies think about this whole tariff thing..

or is Jamie Diamond now left wing..

Trump has presided over the greatest loss of wealth since the pandemic wrecked the economy. tariffs are intended to be inflationary, so the fed literally cannot lower interest rates. Trump has totally checkmated himself.

his best bet is to blame Lutnick and roll back his tariffs. sad but true..
Negotiations beginning. Reports coming from today. Another loss for the Chicken Little left.
Schwarzer Ritter's Avatar
He is a fucking moron and is bankrupting the world.

There will be no WWIII because nobody will have any money to buy his bombs.

Dumb dumb dumb.

And we ALL knew it was coming. Even the great Americans who support him to this very 11th hour.

Sky has fallen. Somebody needs to stop this asshole. Originally Posted by Yssup Rider

Rich, you calling anyone a moron. That last sentence sounded like a threat. Am I reading you correctly?
The_Waco_Kid's Avatar
the left lol? what in the beejesus do you think Trump's Wall Street buddies think about this whole tariff thing..

or is Jamie Diamond now left wing..

Trump has presided over the greatest loss of wealth since the pandemic wrecked the economy. tariffs are intended to be inflationary, so the fed literally cannot lower interest rates. Trump has totally checkmated himself. Originally Posted by pxmcc

the Fed can and will lower interest rates. tariffs don't prevent that. shows your lack of knowledge on the subject.


Jamie Dimon .. my former boss .. is a Democrat. always has been.


https://www.youtube.com/watch?v=2KE3u0wZHXI


https://www.youtube.com/watch?v=I_tbQ_DFGVI
VitaMan's Avatar
It is sad to see the MAGAs and right wingers try to spin this into some sort of "it's the left against the tariffs".


The fact is the market has now lost 6,000 points since the Trump administration took over.


It is also a fact Trump campaigned on "If Biden is re elected, the markets will crash".


Now Trump intends to impose another 50% tariff on China April 09 unless he gets his way.
The_Waco_Kid's Avatar
It is sad to see the MAGAs and right wingers try to spin this into some sort of "it's the left against the tariffs".


The fact is the market has now lost 6,000 points since the Trump administration took over.


It is also a fact Trump campaigned on "If Biden is re elected, the markets will crash".


Now Trump intends to impose another 50% tariff on China April 09 unless he gets his way. Originally Posted by VitaMan



Jamie Dimon is neither MAGA or right wing. and he's not against tariffs
VitaMan's Avatar
... Nope, there is NO 90 day pause on the tariffs.
That was Fake News.

#### Salty Originally Posted by Salty Again

Reuters got it wrong ?


(Reuters) - Wall Street's main indexes reversed course and moved sharply higher after White House economic adviser Kevin Hassett said in an interview that President Donald Trump was considering a 90-day tariff pause on all countries expect China.
pittlicker's Avatar
I've said it before, but I swear he could shit on some of you people's faces and you'd thank him for including you in his efforts. He's a clown and Biden was a clown. No real choice for the American people. Let's try making America half-assed normal again!
VitaMan's Avatar
the Fed can and will lower interest rates. tariffs don't prevent that. shows your lack of knowledge on the subject.
] Originally Posted by The_Waco_Kid

That it not what the poster was saying at all. He was saying if inflation rises rapidly again due to tariffs, the FED will not be able to lower interest rates. Per your opinion the FED "will" lower interest rates, that is no sure thing now.
The_Waco_Kid's Avatar
That it not what the poster was saying at all. He was saying if inflation rises rapidly again due to tariffs, the FED will not be able to lower interest rates. Per your opinion the FED "will" lower interest rates, that is no sure thing now. Originally Posted by VitaMan

you both are wrong. show me that tariffs somehow prevent the Fed from lowing the interest rates. you do know that the tariffs Trump levied against China among others in his first term didn't cause inflation .. yes?


i'll wait