Trump pauses tariff hikes for 90 days against most countries, raises China rate to 125%
Trump announces 90-day tariff pause for most countries, raises China rate to 125% — as he blasts ‘yippy’ critics, boasts stock rebound ‘gotta be a record’
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This removed folded so fast!
Yeah i was wondering why the fuck spy jumped $50 in 10 minutes, makes sense this coward once again reversed course
AKA, Insider Trading and Market Manipulation.
Oh come onnnnn no way the president, Donald Trump, would inform the billionaire cabinet working for him that he was going to do this in order for them to front run his announcement
Be realistic!!
Stocks Surge After Trump Pauses Tariff Hikes on Non-Retaliating Countries
After Trump’s hike on China tariffs and pause on the rest the world, a perverse dichotomy now exists for global trade: 125% US duties on Made-in-China vs 10% or 25% levies on products made elsewhere, though only for 90 days.
The consequence? Tremendous opportunities for “re-assembly” plants in Vietnam or Southeast Asia, or outright smuggling operations in Mexico or Canada, given the potential arbitrage opportunity.
Such a situation couldn’t last long, with US consumers paying higher prices and third countries making a good profit - to evade US tariffs. The 90-day pause provides a good off-ramp, and Beijing and Washington may both think long and hard about the risks of further escalation. The tariff on China may eventually settle at a level where both countries can tout as a win, while leaving it not that profitable for a third-country detour.
Lolz. Lmao, even.
