we have basically stopped all trade with china, the second biggest economy in the world, we have 25% tariffs on cars, we have 10% tariffs on everything from everywhere.
trump surrendered without getting a single thing, and we're still in death-by-tariffland and no one trusts anything this country says or does.
how is walmart going to put anything on the shelves? How are any retailers going to survive this?
You lived through the price of everything doubling under Joe Biden.
You'll manage a 3-5% increase in the short term under the orange man.
We had 19% inflation every year under Biden?
Thanks for admitting that Trump’s tariffs are inflationary.
Unlike you, I understand all of it. Don’t let it rain on celebrating this day that Trump admitted the error of his ways. Rejoice with me!
If these countries refused to lower their tariffs, Trump would not have implemented the 90 day pause. He is looking to get much lower tariffs or ZERO tariff deals in place with these countries who decided to talk.
We will smash China up and down whatever lineup they can muster up. China is no concern because, philosophically, they are fighting from a position of loss. Nobody on Earth wants to be Chinese. They cannot win a trade War. They need us or there will be no trade. So, while the Chinese continue to copy our old technology, America will be brilliantly creating the new. That’d the benefit of having free thinkers and why we told the Brits to hit the bricks long ago. The Chinese have no shot at winning a War on technology. Join their side at your peril.
Too bad Trump cut funding for all the research that would “brilliantly create the new.” You’re in a cult.
If these countries refused to lower their tariffs, Trump would not have implemented the 90 day pause. He is looking to get much lower tariffs or ZERO tariff deals in place with these countries who decided to talk.
The Art of the Deal. The future looks bright.
Sure he would have. He’s the OG panican.
The only Panicans are the libs.
You were the ones crying for the past few weeks when the stock market was diving.
This post was edited 23 seconds after it was posted.
China is not our enemy. You as an American have no good reason to hate China. Trump changing his mind about tariffs every 5 seconds will continue to isolate the USA. Who wants to deal with an irrational partner?
Where in my words do you see “hate” China or China is our “enemy”?
I said the truth, which is China is no realistic competitor when it comes to economic prowess. To think otherwise is baby talk.
Xi dared a tariff-loving Trump to impose tariffs on China. The trouble for the Chinese leader, however, is that the objective factors show that China cannot win a trade war.
Xi, in short, has placed the fate of the Chinese economy in the hands of the leader of that irreplaceable export market, the American one. Trump, therefore, can now decide the future of China. Moreover, China is the trade-surplus economy. America's merchandise trade deficit with China hit $295.4 billion last year. That deficit is 5.8 percent greater than 2023's. Trade-surplus countries such as China have no ammunition in trade wars. They are the ones with everything to lose.
Xi Jinping, because he has rejected consumption, has placed almost all his bets on exports to rescue his failing economy, which did not grow at the 5 percent pace reported for last year. At the moment, indicators suggest China is in a deflationary spiral and so may not be growing at all.
Written by Gordon G. Chang, the author of the 2001 book The Coming Collapse of China in which he predicted the collapse of China by 2011. In December 2011, he changed the timing of the year of the predicted collapse to 2012.
So, excuse me if I take a big fat dump all over whatever nonsense he’s selling.
What part of multiple countries wanting to negotiate lower tariffs with Trump do you not understand? This is a HUUGE win for USA global trade & reversing the trade deficit.
Promises made, promises kept.
You’ve still never explained why a trade deficit is a bad thing. We buy their cheap sh*t, while we have full employment with high paying tech jobs. Why do you want to pay somebody $60 an hour to make toilet plungers?
He tried. His ai “explanation” was an abject failure. Said buying more than we sell from poor countries with comparative advantage in goods pricing would require “more borrowing” than moving the manufacturing to the more expensive cost basis in the US. Truly remarkable.
We will smash China up and down whatever lineup they can muster up. China is no concern because, philosophically, they are fighting from a position of loss. Nobody on Earth wants to be Chinese. They cannot win a trade War. They need us or there will be no trade. So, while the Chinese continue to copy our old technology, America will be brilliantly creating the new. That’d the benefit of having free thinkers and why we told the Brits to hit the bricks long ago. The Chinese have no shot at winning a War on technology. Join their side at your peril.
Too bad Trump cut funding for all the research that would “brilliantly create the new.” You’re in a cult.
The Cult of America, you should join or learn mandarin and whip your kids into working for nothing. You obviously have no idea what it means to be an American but we don't need funding to think.
“Trump's order to the Justice Department to investigate Chris Krebs identifies as one of his supposed offenses that he "falsely and baselessly denied that the 2020 election was rigged and stolen." In fact, the 2020 election was not "rigged and stolen," as Trump's own attorney general and other advisers told him at the time. But Trump is now indicating that to say that may be illegal and cause for a Justice Department investigation.”
Trump has signed an executive order targeting Susman Godfrey, the law firm that helped Dominion Voting Systems obtain its $787 million settlement from Fox for the network's 2020 election lies.
Trump is a great man, but Peter Navarro is not. Elon warned Trump and struck up a beef with Navarro. He convinced Trump that Navarro had been disloyal and paused the tariffs for the time being. We need them to make us great again, but Navarro pushed him to do it all at once. The majority of the other countries wanted to negotiate, but didn't have time. If he had given a 30 or 60 day deadline for them last Wednesday, the chaos would not have happened. Trump has some bad apples on the inside. Laura Loomer has been warning him and he would do well to bring her into the White House as an advisor. Trump has a keen eye for the ladies and she would be another jewel in the crown.
“Trump's order to the Justice Department to investigate Chris Krebs identifies as one of his supposed offenses that he "falsely and baselessly denied that the 2020 election was rigged and stolen." In fact, the 2020 election was not "rigged and stolen," as Trump's own attorney general and other advisers told him at the time. But Trump is now indicating that to say that may be illegal and cause for a Justice Department investigation.”
old news. Trump thinks it was rigged and that's his right to his opinion. He also thought Biden is cognitively impaired and y'all thought that was crazy too. Not even important at this moment in History. What's important is that, in no time, China has been brought to its knees by MAGA. They have 2 options. Play ball with the rules we set or get economically demolished. This is a big boy moment that doesn't help by having angry losing Americans not pulling their weight. Not that we need you onboard, you can all shop for houses in Beijing and eat rice all day for all we care but, if you wanna stay here, MAGA principles are the way forward.
“Trump's order to the Justice Department to investigate Chris Krebs identifies as one of his supposed offenses that he "falsely and baselessly denied that the 2020 election was rigged and stolen." In fact, the 2020 election was not "rigged and stolen," as Trump's own attorney general and other advisers told him at the time. But Trump is now indicating that to say that may be illegal and cause for a Justice Department investigation.”
old news. Trump thinks it was rigged and that's his right to his opinion. He also thought Biden is cognitively impaired and y'all thought that was crazy too. Not even important at this moment in History. What's important is that, in no time, China has been brought to its knees by MAGA. They have 2 options. Play ball with the rules we set or get economically demolished. This is a big boy moment that doesn't help by having angry losing Americans not pulling their weight. Not that we need you onboard, you can all shop for houses in Beijing and eat rice all day for all we care but, if you wanna stay here, MAGA principles are the way forward.
Let Trump cook, other countries cannot cope nor the LR libs.
If/when everyone folds on the tariffs and Trump drops income tax for everyone making less than $200k we could have 25 years of MAGA.
Canadians are the polar opposites of Americans. When facing the King, Americans took up arms and fought for freedom. When given the chance to join our crusade as the 14th colony, they decided to live under the Kings rule.
old news. Trump thinks it was rigged and that's his right to his opinion. He also thought Biden is cognitively impaired and y'all thought that was crazy too. Not even important at this moment in History. What's important is that, in no time, China has been brought to its knees by MAGA. They have 2 options. Play ball with the rules we set or get economically demolished. This is a big boy moment that doesn't help by having angry losing Americans not pulling their weight. Not that we need you onboard, you can all shop for houses in Beijing and eat rice all day for all we care but, if you wanna stay here, MAGA principles are the way forward.
It was announced less than 3 hours ago.
oh I understand this new action by Trump, I'm saying MAGA doesn't much care. We understand what you folks are capable of, which is why we had to put the collective foot down on your progress moving to that end.
I understand he doesn't like Krebs and Taylor and they probably deserve investigation, but there are bigger fish to fry. Adam Schiff, Nancy Pelosi, AOC, Schumer, Raskin, Swalwell, Tlaib, Omar, Cheney, Pressley, Crockett, and Warren among others.
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