White House Considers Slashing China Tariffs to De-Escalate Trade War

[jerrymahoney]

From the (mocked on here) 23 Nobel Prize winning economists pre-election:

Among the most important determinants of economic success are the rule of law and economic and political certainty, and Trump threatens all of these.

Reuters headline today:

Majority of Americans believe presidents should obey the courts, Reuters/Ipsos poll finds

[Tug]

4 hours ago, frank83628 said:

So, you all bitch, cry and attack him for placing tariffs you claim will destroy the economy,  then you bitch, cry & attack him saying he is weak for supposedly reducing the tariffs you attacked him for putting on....total losers!

The reason everyone attacks the old fool is because everyone knows it was an absolutely stupid thing to do…..what part of experts saying they haven’t seen things looking this bad since 1932?…..how much wealth has been squandered behind this failed idea??how much has everyone’s 401Ks been affected?how’s about the pension plans…..thats not even touching on the hardship created on our fellow beings all over the planet.Bottom line the old FOOL was warned for YEARS that his tariffs were a stupid idea…..now we pay the price.Hes insulated by wealth and his cocoon of yes people/enablers.so yup we are calling him on it!elections have consequences it’s time to flush the toilet.

[frank83628]

1 hour ago, Tug said:

The reason everyone attacks the old fool is because everyone knows it was an absolutely stupid thing to do…..what part of experts saying they haven’t seen things looking this bad since 1932?…..how much wealth has been squandered behind this failed idea??how much has everyone’s 401Ks been affected?how’s about the pension plans…..thats not even touching on the hardship created on our fellow beings all over the planet.Bottom line the old FOOL was warned for YEARS that his tariffs were a stupid idea…..now we pay the price.Hes insulated by wealth and his cocoon of yes people/enablers.so yup we are calling him on it!elections have consequences it’s time to flush the toilet.

Yeah right, typically over dramatic Bull as everything you guys say about trump always is.

You seem to be purposely ignoring the fact that persions, stocks are long term investments, markets react, rises and falls.

You all need to grow up.

 

[TheAppletons]

It's funny listening to the same three people on here every day slurping Trump's testicles while he simultaneously hits them over the head with a hammer, at which point the word "winning" gets bandied about.

 

If Trump's winning, then there's something wrong with the scoreboard.

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7 hours ago, Cameroni said:

So all you lot who predicted that China would not negotiate......looooooosers....

 

And Trump wins again.

 

So much winning.

Who said China wouldn't negotiate? Consistently you seem to labor under the mistaken belief that negotiation means surrender of some sort. Also, while China said  it would negotiate, it also said it wouldn't negotiate under pressure. Finally you don't seem to understand the difference between China said it would negotiate and China said it will negotiate.

Also, If negotiations take place, you might want to keep from chortling until the outcome is clear.  Bessent said he doesn't expect trading partners to come to a signed agreement with the 90 day deadline, now the dead 90 day deadline,  but just agreements on principles. These are called memorandums of understanding and while some people say that they aren't worth the paper they're printed on, I would disagree. They are definitely worth the paper they're printed on but not more than that.

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18 minutes ago, frank83628 said:

Yeah right, typically over dramatic Bull as everything you guys say about trump always is.

You seem to be purposely ignoring the fact that persions, stocks are long term investments, markets react, rises and falls.

You all need to grow up.

 

So the stock market crash in 1929 was no big deal, after all. Good to know.

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6 hours ago, GammaGlobulin said:

 

That's a JOKE, right?

 

Any tariffs about 10 percent are a NO-STARTER.....

 

Totally MEANINGLESS.....

 

50-percent tariffs might as well be 500% tariffs.

What a JOKE.....

 

You ARE joking....RIGHT????

 

Do you think I will pay 65% tariff on STILTON CHEESE???

 

Think again, please.....

 

 

Do you eat Chinese Stilton cheese? Isn't that the kind with melamine in it? Mmmmm....melamine.