Trump backs off tariffs on most nations for 90 days, but raises tax on Chinese imports to 125%

He really doesn’t have a clue what he is doing.

Chaos for chaos sake....or maybe he surges back and forth as each new crony, felon, or grifter comes in and makes a pitch...

It sure isn't any coherent strategy - other than the overarching one to crush financial markets - an order from his Master Putin and part of their joint effort to Make Russia Great Again...

Trump’s plan worked! He caused a 10% crash, got his cronies to buy lots of stocks for him, and then put a hold on tariffs so that the market would soar and he and his pals would make millions while his loyal subjects suffer in delusion. They will love him even more for this. Their numbers are dwindling though, and it’s looking more and more like Al Pacino’s Scarface - and we know what happened at the end of that movie.

The only thing ghes good at his convincing his supporters that he's sone ki d of genius businessman.

He is a TV reality has-been with the temperment of a four year old

Not. A. Clue

And Dems voters are to blame for their purity contest voting preferences and Dems in House need to grow a spine.

Trump backs off tariffs on most nations

But... he told us tariffs were making America rich. "2 billion per day", he said. So why back off the tariffs if they're a great thing that makes a lot of money?!?

He caused a 10% crash, got his cronies to buy lots of stocks for him, and then put a hold on tariffs so that the market would soar and he and his pals would make millions

I think that's called "market manipulation" and it's prohibited under Section 9(a)(2) of the Securities Exchange Act of 1934. But nothing will happen of course, because America is a lawless country now.

The Treasury Secretary is a Soros disciple

What an utter clown. Was this the fastest U-turn in history?

I think it was the rising US Treasury yields that really started spooking the administration. You can laugh at the stock market, but the bond market doesn't take any prisoners.

But... he told us tariffs were making America rich. "2 billion per day", he said. So why back off the tariffs if they're a great thing that makes a lot of money?!?

No need to further beat your prey once you have them where you want them.

The only thing ghes good at his convincing his supporters that he's sone kind of genius businessman.

He is a TV reality has-been with the temperment of a four year old

And now his poor judgement and unstable, weak behaviour is clear to all.

But his usual cult followers will claim:

Stock market up!

4D chess

All the countries are running to the table to get an agreement - this was the plan all along

I love this guy - he's a genius

No need to further beat your prey once you have them where you want them.

You're talking like tariffs were some sort of punishment. But Trump told us they were a great way to make a lot money for the country. So why did he stop? Doesn't he want a lot of money for America? Where is he going to get 2 billions per day now?

Cold feet. Brilliant.

RETREAT !!!

About time someone had the guts to rip off the bandage, and I love that you can practically hear the Chinese COMMUNIST Party already scrambling. For decades, they’ve spammed everyone - intellectual property theft, forced labor, currency manipulation - and Western leaders just nodded along like dummies. This move hits them right where it hurts: the economy they use to prop up a soulless, nihilistic autocracy.

Is it disruptive? Absolutely. But short-term pain is worth it to break our dependence on a regime that censors, surveils, and silences its own people, completely demolishes Tibetan and Uighur culture and threatens to annex independent Taiwan... these tariffs sending a clear message: the free world doesn’t have to fund its own opposition.

If this economic pressure even cracks the facade of the CCP’s grip, it could open the door for long-overdue reform - or better yet, an END to the Chinese COMMUNIST Party’s totalitarian rule altogether.

So why did he stop? Doesn't he want a lot of money for America? Where is he going to get 2 billions per day now?

You won't get a coherent answer, because there isn't one.

You're talking like tariffs were some sort of punishment. But Trump told us they were a great way to make a lot money for the country. So why did he stop? Doesn't he want a lot of money for America? Where is he going to get 2 billions per day now?

You don't seriously think you'll get a coherent answer to your questions, do you?

Trump decided, so it is the correct, genius thing to do, by definition. It needs no further explanation.

You're talking like tariffs were some sort of punishment.

You said that, I didn't; relax.

But Trump told us they were a great way to make a lot money for the country.

Absolutely

So why did he stop? Doesn't he want a lot of money for America? Where is he going to get 2 billions per day now?

Maybe, just maybe if you guys on the left would stop screaming, and chill for a moment and just understand the tariffs are being used to catch everyone's attention and bring them to the table to negotiate the best deal for the US, MOST will be 10% the rest will depend on how these deals will shape out, that is the entire reason for this, so just take it all in and wait and see. You can get mad and curse all day long; the only thing it will do is just...well, nothing, but if dumping on Trump makes you feel emotionally better, then go ahead, I guess.

Pump and dump.

Tariffs were a bad idea. Things could change tomorrow, and fund managers are now saying the people behind them are insane.

China isn’t going to back down. They hold cards rarely talked about - export restrictions. They could throw a crippling punch to the body of the U.S. economy by expanding restrictions on critical minerals. They hold 90% of the world supply chain. The U.S. couldn’t produce a chip if they wanted to. Or airplanes or auto engines. The economy would be in shambles six months after that.

Remember, Chinese exports to the U.S. only account for 2% of the Chinese GDP.

But... he told us tariffs were making America rich. "2 billion per day", he said. So why back off the tariffs if they're a great thing that makes a lot of money?!?

No need to further beat your prey once you have them where you want them.

Sounds like Musk and his beatdown of Navarro - "Dumber than a sack of bricks"....

Team Trump - all infighting, all the time...ROFL..

No need to further beat your prey once you have them where you want them.

See, right there is the problem, Trump and his loyal followers think of everyone else as prey or enemies to be taken advantage of, or abuse!

He could have negotiated with these countries in good faith and never caused any of this turmoil, but he loves drama, and trying to humiliate people. Just look at his comment about how many countries were "kissing his ass"!

--You're talking like tariffs were some sort of punishment. 

You said that, I didn't; relax.

but then

the tariffs are being used to catch everyone's attention and bring them to the table to negotiate

That sounds like a threat of punishment.

--they were a great way to make a lot money for the country. 

Absolutely

Then why pause this incredible revenue stream?

just take it all in and wait and see. You can get mad and curse all day long; the only thing it will do is just...well, nothing, but if dumping on Trump makes you feel emotionally better, then go ahead, I guess.

In other words, you have no idea what Trump is doing this all for.

They clearly have no idea what they're doing,

They got their attention, the Stock Market realizes that the President is more movable on this, and that helps confidence and solidifies the position that Trump is not playing, and that is a good thing

and it's obvious they didn't anticipate any retaliation.

They did, and they know Trump will push back, and that's why China is beside themselves. if they were confident, they would brush this off, not this time.

They're playing with people's livelihoods around the world just to boost their American ego—a bunch of nasty, brainless old men.

Relax; this is volatile, but it will subside. I'm not going to sell off, I'm holding on, that's it. I feel very good about the market, and I have even more confidence in this admin.

musk is saying that Navarro is dumber than bricks.

trump endorses Navarro’s tariff ideas.

so musk is basically calling trump dumb as bricks

Dumb as bricks trump pulls back on tariffs

now we know trump values musk’s money over navarro’s tariffs

Isn't this surprising - the guy convicted of 34 felonies....just committed MORE felonies...

"Trump may have accidentally confessed to insider trading and market manipulation on Truth Social. 

“THIS IS A GREAT TIME TO BUY!!! DJT,” the president wrote on Wednesday, a mere four hours before announcing a 90-day pause on most retaliatory tariffs except for China, yet another market-shocking announcement that caused stocks to shoot up. 

Insider trading is a very illegal practice that involves using special or private information to give yourself an advantage in buying and selling stocks."

So the Moron went on Truth Social and urged everyone to buy stocks BEFORE he announcing his pause...

And how many of his criminal cabal cabinet sold/bought stocks based on their inside information?

MAGA-world - Felonies R Us....

Two takes on this. Trump flinched or this is clearly market manipulation for him and his cronies.

The threat of tariffs has been a way to get people to the negotiating table.

Most countries have responded favorably as doing business with the largest world economy is too big of a prize to give up.

China will eventually cave in too…

It's really unfortunate that a maniac is allowed to keep monkeying with the full faith and credit of the United States.

that helps confidence and solidifies the position that Trump is not playing, and that is a good thing

Changing his mind every 5 minutes is giving the exact message that he is playing, incompetent or both.

What happened to ‘hold the line’?

More chaos. Yet another backflip by a joke of a president.

Trump is as unhinged and mad as his stupid supporters.

You won't get a coherent answer because there isn't one.

Just calm down; there is always a coherent, plausible answer, always.

So, is America's "liberation" on pause? And if so, is the tax cut legislation also paused?

 Won't the rich friends who were upset about the markets be rich friends upset about the delayed tax cut? 

Now that Trump's USA has shown even it's allies that it'll shock them with unexpected actions instead of working things out behind the scenes in advance, commit to ("tariffs are permanent") then flip flop when resistance makes the stock market retreat, why should anyone trust anything the Trump gov't says or does now? What happens if both allies & enemies proceed with the responses they were working up before this pause... AND IMPLEMENT ANYWAY, thereby turning the tables without waiting for the 90 days not knowing which direction Trump's antics will take? They've been in defense mode since USA "liberation." What if they decide to switch to "offense", which seems like exactly what the U.S. would do if the tables were turned?

Turns out he was a ‘panican’.

bass4funk

Maybe, just maybe if you guys on the left would stop screaming, and chill for a moment and just understand the tariffs are being used to catch everyone's attention and bring them to the table to negotiate the best deal for the US, MOST will be 10% the rest will depend on how these deals will shape out, that is the entire reason for this, so just take it all in and wait and see.

Maybe? Nah, Trump is flailing, like usual. He has no coherent plan, he has no end game, he's just making arbitrary announcements and, in turn, destroying the market.

You can get mad and curse all day long; the only thing it will do is just...well, nothing, but if dumping on Trump makes you feel emotionally better, then go ahead, I guess.

We're not dumping on Trump, were are just explaining what is happening and why everyone will suffer.

Many wealthy donors to Trump's campaign are losing big and they aren't happy with little Donald's performance. My guess is that they offered him a face-saving out.

The rich, via the markets, are applauding in the same way the court applauds the jester.

No need to further beat your prey once you have them where you want them.

Finally, some completely impartial commentary from bass4funk. Thank you for calling out Trump for what he really is: A enemy to the vast majority of his fellow global citizens. After all, a predator is an enemy to all ‘prey’, never an ally, and we know what shepherds do to predators sooner or later for the sake of their flocks.

It took 48 hours for Liberation Day to turn into Capitulation Day. What a clown Trump is.

Told ya this was a rigged game. The ones who got sweep by the panic sold their stocks for a huge discount while those who either stand their ground or snatch up huge amount of stocks just got richer. And now the rich are pumping them back up again.

Stocks is gambling and those on the bottom or middle class should never go play it because this game was never intended for you. Is meant for the elite and rich. Any smart person could have seen this move coming from miles away. So many nations getting tariffs hikes only means that US is likely forcing the world to renegotiate with them. And Trump itself has been saying weeks on social media to ignore the chaos and keep buying. So yeah, nobody should even be surprise by this move.

The only losses here are those who actually believed so many media outlets about the big crash coming and sold their stocks for pennies on the dollar.

Trump already started to retract his geopolitical stupidity...

But it's too late. He's already awakened the Dragon, and China stands up to him...

Let's go, China, teach these clowns an unforgettable lesson.. Keep them terrified that you'll soon be the world's leading power... The West will kneel before you..

Let's make a clear-eyed look at what these Trump-tariffs have done...

1) It's cratered US credibility and reliability as a trading partner - and partner in general. We had formally agreed-to/signed treaties and trade agreements with most of these countries - Trump reneged on all of those. He even reneged on HIS OWN treaty negotiated with Mexico and Canada...

Nov 2018: "President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto signed the new U.S. Mexico Canada Agreement — or USMCA — in Buenos Aires Friday, using the backdrop of the G-20 Summit to resolve a trade dispute between America and its closest neighbors. Saying all three countries will benefit from the deal, Trump said of the USMCA, "It is probably the largest trade deal ever made."

2) It's wiped billions, maybe trillions of dollars from the investment and retirement accounts of millions of Americans - many of them Trump voters. They'll now spend their retirement penniless and in poverty...

3) It gave a huuuuge boost to the reputation and influence of China and Russia...both Xi and Putin can now say to other nations, "see, you can't trust the US - you should do business with and trust us"...

And these are the impacts that we know - going ahead looks even worse....the Smoot-Hawley tariffs of 1930 worsened the Great Depression and sunk the US economy until WW II - over ten years...

Trump has already cemented his position as the worst criminal President in history - now he's trying to replace Hoover as the worst economic President in history...

Of course, our MAGA-friends here will tell us this is all "winning"....and it is - for Putin and Xi...

Unprecedented political economic pantomime.

Tariffs, now you see them, now you don’t, watch out Donald “Dick Wittington/Dick turpin” Trump behind you.

Stand and deliver

Not a single trader/broker, past colleague, mentor has ever seen or experienced anything like it.

All contend insist President Trump is gaming, a managed strategy, pull the rug, wait for markets to have a collect stroke/heart attack, then offer a “90 day” compromise.

A taste of mayhem, so make a deal.

The government of China, now isolated, dumped on, a horrendous 125%  tariff punishment beating.   

Call Trump all the names under the sun, nobody saw this coming, could we be witnessing the heist of the century, without any need for a mask or a sawn off shotgun.

If Trump pulls this off, he'd have played a blinder.

Trump already started to retract his geopolitical stupidity...

Well, yes, he got exactly what he wanted, their attention, and now you can work from a position of strength now that he has done that.

But it's too late. He's already awakened the Dragon, and China stands up to him...

That is what he wanted to do, the eagle has its talons out

Let's go, China, teach these clowns an unforgettable lesson..

They can't, we are THE largest buyer of their cheap junk, Europe doesn't have the money to keep China afloat by any means, so China has no choice but to come to the table sooner or later, let them cope and seethe for a bit before coming to the table and that is why the tariffs on China went up.

Keep them terrified that you'll soon be the world's leading power... The West will kneel before you..

No one is terrified, and no one is kneeling, not this President especially, and that's why the Chinese are losing their collective minds.

Wow, Wow, Wow.

What a Recoil!!!

Who would have thought Trump would do it!?

At least he is NOT as stubborn as many other world leaders.

Trump has thrown world trade into chaos. American supply lines for manufacturers are unknown from one day to the next. Trump shuts down the American-Chinese trade. Many businesses will lose out. Every day he's flip-flopping on tariffs.

Pity the MAGA cult members, guys. Everyday they have to change their whole argument to try to convince themselves that they voted for someone who knows what they’re doing.

All the flip-flopping is so tiring on their brains.

what a "strategy"

i feel sorry about fellow americans who will pay hard for these "adventures"

Maybe, just maybe if you guys on the left would stop screaming, and chill for a moment and just understand the tariffs are being used to catch everyone's attention

Oh so the goal was only to "catch eveyrone's attention"? But Trump said the goal was to make money (2 billion per day). Which is it? Also, crashing the economy to get people's attention seems profoundly idiotic. Because it is.

and bring them to the table to negotiate the best deal for the US, MOST will be 10% the rest will depend on how these deals will shape out, that is the entire reason for this, so just take it all in and wait and see.

Sounds like a very dumb strategy.

You can get mad and curse all day long;

You're the only one who looks mad here.

Trump has thrown world trade into chaos.

Trump is, without a doubt, THE biggest disruptor in politics since Roosevelt and that is why we love the guy!

American supply lines for manufacturers are unknown from one day to the next. Trump shuts down the American-Chinese trade. Many businesses will lose out. Every day he's flip-flopping on tariffs.

That's good. Now that everyone knows he's not BS around, he can pull back and let the dust settle. Now is the time to buy!

Trump is, without a doubt, THE biggest disruptor in politics since Roosevelt and that is why we love the guy!

That's good. Now that everyone knows he's not BS around, he can pull back and let the dust settle. Now is the time to buy!

https://www.merriam-webster.com/slang/copium

Jay, the tariffs were never specifically and only directed at China.

Trump said "the whole world has been ripping America off for decades..."

For you now to claim some micro victory over China is disingenuous at best.

Trumps favourite word ,"tariff " now sounding more like something Fido does in the back yard....rhymes with "herd "

Oh so the goal was only to "catch eveyrone's attention"?

Absolutely.

But Trump said the goal was to make money (2 billion per day). Which is it?

We are

Also, crashing the economy to get people's attention seems profoundly idiotic. Because it is.

Huh?

https://www.marketwatch.com/livecoverage/stock-market-today-dow-eyes-700-point-dive-s-p-500-nasdaq-fall-treasury-yields-spike-as-tariffs-hit

Sounds like a very dumb strategy.

And this is why the left is not in office, strategy is not their strongest attribute.

You're the only one who looks mad here.

No, not me. No reason to get mad, none. lol

Companies in manufacturing like Tesla do not need or want a Trump disruptor in their business supply chains. Musk is opposed to them. Small businesses are collapsing because they don't have the capital to pay the tariffs on goods and items they have ordered. There was zero time for people to make business adjustments.

Many people "on the right" have spoken against Trump's tariffs.

Companies and countries they represent will receive tariff exemptions in many cases. TSCM of Taiwan a great example, they will not be charged tariffs, why?

Because TSMC has agreed to massive re-shoring to US, approx. $200 Billion since Nov 5th. Therefore, so long as they transition chip production to US by dates agreed.

If TSMC fails to reshore to US in timely manner, they will be charged tariffs retroactively, plus interest and fines

Flip-flop trump, the old man is completely out of his depth.

Its insanity, a deranged unhinged helter skelter ride head long into a reality episode of the "Outer limits/Twilight zone" except wide eyed, yet wide awake.

Its 90 days to kiss the "Dons" ring, ho hum, or another round on the Horror Express/Torture Garden.

XCAndthebandToday  08:16 am JST

Pity the MAGA cult members, guys. Everyday they have to change their whole argument to try to convince themselves that they voted for someone who knows what they’re doing.

It must be tough when criticising The Great Leader absolutely isn't allowed, or doesn't seem to be.

It took 48 hours for Liberation Day to turn into Capitulation Day. What a clown Trump is.

Very true, of course maga will still find an excuses. There is no hope for them.

DJT is pursuing 'bespoke' trade agreements with countries like Taiwan and all countries and US Corps he's trying to incentivize to produce in the US.

Thus, US companies like Apple who have committed to $500 Billion in US reshoring since Nov 5th, like TMCS above will be exempt from tariffs, 'contingent' upon production reshoring in a timely manner.

DJT's not going to fuel inflation via tariffs, rather exact opposite, via Bespoke trade tariff agreements, that will add incremental US global production and supply chains

For someone with supposedly "all the cards" he folded like an amateur.

Maybe he should change his colour to chicken yellow.

They have no clue what they are doing.

A bunch of sycophants behind a deranged leader.

The bond markets were going to kill them and Trump " blinked" first.

Of course they will spin it, try to make it look like a plan.

Probably the only plan was to scam and line their pockets.

The shame, on full show to the world.

Absolutely pathetic.

Looks like Trump blinked first.

Tim Cook of Apple said the company will be investing $500 billion in AI over the coming 4 years. But since the Trump tariffs he has said if the company is paying the tariff it will have to redecide on the AI. In the short term, President Trump's tariffs could mean more expensive iPhones. Apple's immediate plan is to use Indian made iPhones and ship them to the US. Still tariffs but fewer than in China.

There are no quick fixes to Trump's chaos.

China will bring America economy to it knees by a billion of 1.25 dollars cuts, American business people are daze and confused, knowing the 1.25 days are over

One of DJT's top tariff priorities is strengthening global economy, especially supply chain resiliency regarding excessive risks related to Chinese and Taiwanese risks regarding semiconductors and rare earths. How?

By reshoring to US, DJT's re-industrialization policy being created as a result of 'reciprocal tariffs' will add to global capacity to include of course energy, steel, chips pharma, autos, aluminum and resource extraction etc.

DJT economic policies of tariffs and re-industrialization are interconnected and will result in jobs, wealth creation, lower prices and tax revenues for the US Govt., along with making the global economy far more resilient.

I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”

Trump and his toadie advisors do not understand the meaning of "reciprocal" at all.

A "reciprocal tariff on a 0% tariff free trade agreement is - wait for it - 0%, not putting on a 10% tariff and getting a tariff of 0% tariff in return.

Not to mention putting a 10% tariff on nations that have zero trade with the US in either direction. The crazies have taken over the white house!! Where is the zombie squad to clean them out?

Trump the geriatric president is swaying from one extreme to another with his only plan being to react to what others do in return. He made a point of saying everyone was calling to, quote "kiss my ass". Which how found amusing.

People are calling for clarification and to demand the stupidity stop, nobody is kissing Donald on his ass, not even his wife.

Which how found amusing.

Which he found amusing.

Q: "Which is it?"

A: "We are."

MAGA in a nutshell. People who are extremely confident in profoundly nonsensical answers.

It's worth repeating, DJT tariff policies are also targeting US companies, not just foreign companies.

Huge US Corporations, like Apple, Nivida, Tesla, etc. will also form Bespoke tariff agreements, just like TSMC above based on promised reshoring via massive NEW operational investments committed to US production.

Apple has agreed to invest $500 Billion in NEW US production, based in part on tariff waivers, along with tax and regulatory incentives etc. Why?

DJT does not want to damage economy or fuel inflation, but rather the opposite.

Tariff waivers to US Corps like Apple, Nivida, Tesla etc. will be contingent on timely reshoring, otherwise they'll pay tariffs retroactively, along with interest and penalties.

So much confidence and feeling of trust from the lead of the US. A real professional that know what he wants.... until he does not 48h after.

Good job choosing your leader America.

Tesla imports tens of millions of small parts needed to manufacture their cars. Retooling back to the US would require a massive capital investment pushing up the cost of the cars.

Today's announcement by DJT is a great move to provide 'space', 90 days to create all these 'Bespoke' tariff agreements at both the country and corporate level, including of course US corporations.

Many remember under Trump 1.0 the historical China tariffs by DJT did not result in inflation and were kept in place by Biden Admin as they were so profitable.

And US companies with operations in China like Apple were given tariff waivers in Trump 1.0, which is what DJT is willing to now with ALL companies, US or Non-US, committing to $major$ US reshoring production.

Above = why US markets rallying, as DJT has the cards

One of DJT's top tariff priorities is strengthening global economy,

lol, obviously.

Pretty clear that Musk had had enough.

His public schoolyard "boys will be boys" ( according to Trumpee Sec Karoline Leavitt) with 2nd genius of the year Peter Nava(rro) made SNL look serious.

That was so funny.

So Elon, with $billions evaporating day by day, undoubtedly said

"Donny, flip it or there's gonna be hell to play and I'm not throwing any more coin around. You can always say it was your real plan - you know, they'll believe it"

So a few Flips and Flops later we are where we are.

"But I'm not letting Chai-na off the hook. I'm gonna squeeze 'em. No ones calling me a loser"

What a chaotic 3 months. From Musk's DOGGY to Scorching the Earth with any mention of the word Inequality to Ram Rodding the Global Markets.

Vaudeville.

Well, I guess Peter Navarro, or his fictional alter ego Ron Vera who is his economic tariff championing mentor, kind of screwed up.

Kinda like Trump and his fictional alter ego PR manager John Barron who called radio stations to pump Trump Tower. People laughed because everyone knew it was Trump on the phone.

These guys are peas in a pod, oh my god, hooked in fraud,

Lower global tariffs will increase economic activity and lower pricing due to greater supply due to US reshoring re-industrialization. Over-reliance on China lousy economic policy, especially for US given its global role.

It's common sense, less supply chain risk or tariff driven excessive Corp. profits, that both damage global economy

maga, fooling themselves and no one else.

a 3.5 day plus a weekend economic “crash” of the entire world.

that’s not much of a crash. Unlike the entire year of 2022, that had -27% with zero concerns from the left cause “who cares only rich people have stocks, screw those guys!”

It will take years to double or triple the current 10% manufacturing of the GDP. Modern manufacturing does not need the same levels of workers with robots and AI.

It was major American corporations that took their productions to China during the 1990s. Created by American capitalists. Reap what you sow.

End of free market principles.

It's becoming clear, DJT's tariff strategy is about building pressure on China in smart manner, via Bespoke country and corporate tariff agreements, that keeps the world from becoming de-stabilized while pressuring China

OK Maga-fans, serious question...

Trump cited both Mexico and Canada as "ripping the US off"....but in 2018, Trump negotiated the US Mexico-Canada-Agreement - USCMA....and on the day it was concluded, here is what he said;

"I am thrilled to speak to the American people to share truly historic news for our nation, and, indeed for the world. I want to thank Vice President Pence for joining us this morning. It is my great honor to announce that we have successfully completed negotiations on a brand new deal to terminate and replace NAFTA and the NAFTA trade agreements with an incredible new US-Mexico-Canada Agreement, called “USMCA.” It, sort of, just works: USMCA.  This is a terrific deal for all of us. This new deal will be the most modern, up-to-date, and balanced trade agreement in the history of our country, with the most advanced protections for workers ever developed. This landmark agreement will send cash and jobs pouring into the United States and into North America — good for Canada, good for Mexico."

Biden, as with all other Presidents, honored this agreement negotiated by his predecessor.

So what happened to this "landmark deal"? Why did Trump blow up HIS OWN agreement that he said was "good for the US, Canada, and Mexico"?

Was he LYING back in 2018 when he said this was a "landmark agreement", or is he LYING now when he says that Canada and Mexico are "ripping the us off"?

Markets everywhere roaring back with vengeance.

Yup, it clearly likes it when the rest of the world forces Trump into retreat

oh? So China doesn’t have tariffs anymore? The rest of the world don’t have 10% tariffs still?

”forced to retreat” lol

whatever soothes your tender feelings I guess.

That's considered market manipulation and insider trading, both of which are punishable by law. Dah.

Oh?

Trump told you last Friday to buy stocks if you want to be rich.

Market volatility will decrease steadily as summer approaches and DJT's Bespoke Tariff Agreements are signed with Countries and major US and Non-US Corps who agree to US production $reshoring.

US entering Golden Age of Economic growth, based upon sound Govt. fiscal mgmt. and economy led by highly efficient private capital put to work at levels never before seen in history, due to DJT tariff pressures, Tax & Regulatory Relief, Energy and Resource Production etc.

oh? So China doesn’t have tariffs anymore? The rest of the world don’t have 10% tariffs still?

”forced to retreat” lol

whatever soothes your tender feelings I guess.

LMAO. This you bro? (for the benefit of everyone else, this is what he posted yesterday):

Let me try one last time.

the tariffs are non negotiable. They have happened, they exist. It’s not a negotiation about if they will exist or will happen. They do and will.

the “negotiation” part of the matter? how much will it be and how long will this non negotiable thing last.

you: ignore prices decreases and job numbers. The economy is terrible, see look at the stock market!

me: economy is fine, just overreaction to tariffs.

Doing that to help trade negotiations, increase purchase of US treasuries to lower interest rates on our debt and to create lower stock prices temporarily as lifetime buying opportunity,

hmmm. What happened? Exactly whet I said.

Trump's economic agenda, including tariffs and trade, was a huge factor in his being elected in Nov, WHY?

Because DJT has a clear vision for greater US prosperity led by Private Sector Investment fueling productivity, innovation, national security, job and wealth creation etc.

Above, why Majority of Americans for FIRST time in Decades, Optimistic about the Direction of the Country

Well, yes, he got exactly what he wanted, their attention, and now you can work from a position of strength now that he has done that.

Trump said tariffs were for American wealth and prosperity. Not "attention."

So if tariffs don't bring wealth, but attention, why did he say they were for wealth? If they bring wealth, why has he taken them away?

Trump told you last Friday to buy stocks if you want to be rich.

OK, let's consider for a minute that this was actually really his plan.

Why didn't he let the markets fall even lower? Wouldn't that make people even richer then? Just 3 days of free fall for a small pickup seems like chump change compared to, for example, one month of a huge crash followed by a real return to high gains. The Apple stock was around 170 yesterday and is 198 now, but I think we could have all been much richer if we could've bought it at 100, or even 50. Why not do that?

Also, very simply... how is that not market manipulation, exactly? Which is illegal?

Trump as a narcissist is really enjoying his new found power.

OK Maga-fans, serious question...

Are you waiting for a serious answer from MAGA?

Definitely nothing to do with the collapse of the bond market yesterday... lmao

"Art of the Deal" People "Art of the Deal"

DJT likes to mention the famed Ross Perot, who helped as a third party to elect Bill Clinton in 1992, as being right the whole time about the "sucking sound" of US middle class jobs being stolen due to poor US trade practices.

Turns out DJT's trade and tariff agenda was largely the one Ross Perot was proposing over 3 decades ago.

economy is fine, just overreaction to tariffs.

Schrödingers economy, aparently thriving, yet somehow in urgent need of a complete global trade overhaul just to stay afloat

trump blinked, showed China and the world that his Archilles heel is the markets. China will focus their retaliation on vulnerable sectors of the US economy. The continued volatility and uncertainty in dealing with him will stop companies bringing manufacturing to the US.

Do I have that right?

MAGA logic, you can understand it when you listen to trump as he loved the uneducated.

Trump in Nevada: 'I Love the Poorly Educated'

me: economy is fine, just overreaction to tariffs.

What you say when the stock market goes down under Trump (April 6):

its been 2 whole days of stock trading. Screwing rich people in the market is good!

And the old favorite: ”the stock market isn’t the economy!”

What you say when the stock market goes up under Trump (today):

Same people same comments like nothing even happened.

yet did you see that stock market?

The flip flopping is fun to watch.

Above, why Majority of Americans for FIRST time in Decades, Optimistic about the Direction of the Country

Oh wait!

Yet, again I’m afraid we’ll need something to back this up.

The walls have closed in so many times on your claims.

What is it with the hardcore MAGA types?

There will always be a higher class benefitting from the middle class. Can't expect the Aristocrats to work for the peasants can we? Make the peasants work less and pay them more? Work the same but pay them more? Unions can make some noise, but the class war will always have the same winning class, feudalistic or neo-feudalistic.

The Clergy has been replaced by university professors, scientists, public intellectuals, and heads of charitable foundations. They are what Max Weber called “the new legitimizers.” The Aristocrats, the billionaire tech oligarchs. Trump is not going to change system. It would be foolish to expect him to do so.

DJT may not be most popular President, but Americans like and trust in his economic policies, including trade and tariffs and why they are now over 50% more optimistic than just prior to the election.

The CNN Harry Enten analyst pointed to a recent Marist survey showing 45% of Americans indicating that America is on the right track – the second highest percentage that the pollster has measured since 2009 – and a NBC News poll finding 44% of Americans thinking the same – the highest since 2004.

Enten noted that just before former Vice President Kamala Harris lost to Trump, and Democrats lost their Senate majority, “only about 27% to 28% of the country said the country was on the right track.”

70% of American spending is domestic and with price increases because of Trump tariffs their dollars will have to buy less. People have been trying to stock up on essential items like coffee and beer before the price increase hit.

The CNN Harry Enten analyst pointed to a recent Marist survey showing 45% of Americans indicating that America is on the right track

You do know that 45% isn’t a majority?

What is it with the hardcore MAGA types?

Are we up to 6-d chess yet?

The CNN Harry Enten analyst pointed to a recent Marist survey showing 45% of Americans indicating that America is on the right track

You do know that 45% isn’t a majority?

What is it with the hardcore MAGA types?

Historical increase in % from just 27% in early Nov, Rome wasn't built in ONE DAY, DJT economic policies will take time to play out, especially as the current US Govt. Budget until Sept 30th is Biden's 'continuing resolution'.

LMAO. This you bro? (for the benefit of everyone else, this is what he posted yesterday):

yep that’s me. Negotiations happened as I said they would and those who didn’t retaliate were reduced.

reduced, not eliminated completely, right?

China was increased, cause they retaliated and didn’t negotiate. So yeah.

DJT may not be most popular President, but Americans like and trust in his economic policies, including trade and tariffs

Trump's handling of the economy, 40 percent approve, while 55 percent disapprove.

On Trump's handling of trade, 39 percent of voters approve, while 55 percent disapprove.

The long-sneered-at QAnon folks must be dancing a jig. They expected a storm, and a storm is what they’re getting. They expected something wild, unique, and unprecedented — and now Trump’s strategy has confounded the experts, bypassed the gatekeepers, and sent both enemies and frenemies scurrying for cover wherever he points the lightning.

Q followers also expected some sort of global financial reset. Well? What Trump’s doing right now is delivering a real global financial reset. He’s shifting worldwide capital flows back to the US. He’s ending one-sided trade subsidies that fueled frenemies for dabbling in our elections. He’s pressuring allies to pay for their own defense and infrastructure, repatriating trillions.

He’s hollowing out the centralized global institutions like the WTO, WEF, and IMF, making them instantly irrelevant. And he’s restructuring all our bilateral relationships to enshrine American power as a billable service rather than a charitable donation.

If that isn’t a global financial reset, then I don’t know what the word “reset” means.

Also as Q faithful insisted, it’s all perfectly legal. That’s what’s frying the circuits of every pundit and bureaucrat watching this unfold in stunned horror. Trump isn’t breaking the system — he’s wielding it better than they ever dreamed possible. The long-suffering Q movement is completely vindicated.

A “crash” isnt 5 days of trading with 2 of the days green.

a “crash” wouldn’t have a +3000 day in there.

lol words mean something.

not just what sounds good to you coming out of your mouth.

how’s that Nikkei my man?

Americans are far more optimistic about the future due to DJT being elected, naturally the past few years have been very tough, from an 'affordability' standpoint.

DJT's economic and trade policies will take time to play out, but almost nobody misses Biden economy, who had historically low approval numbers his entire term, especially due to inflation, trade and cost of living crisis.

The CNN Harry Enten analyst pointed to a recent Marist survey showing 45% of Americans indicating that America is on the right track

You do know that 45% isn’t a majority?

What is it with the hardcore MAGA types?

Historical increase in % from just 27% in early Nov, Rome wasn't built in ONE DAY

So not the majority you claimed.

Please do this posters here the favour of being honest. This is not an audience of unpopular teenagers watching Louder with Crowder and spamming the internet under multiple handles.

Some of us are old fashioned and still value honesty.

lol words mean something.

Indeed.

https://en.wikipedia.org/wiki/2025_stock_market_crash

Nikkei was up 6%+ 2 days ago and is up 8% today already.

And you claimed Trump had nothing to do with the Nikkei, so why take credit for it now? That's really strange.

The CNN Harry Enten analyst pointed to a recent Marist survey showing 45% of Americans indicating that America is on the right track

You do know that 45% isn’t a majority?

What is it with the hardcore MAGA types?

Historical increase in % from just 27% in early Nov, Rome wasn't built in ONE DAY

So not the majority you claimed.

Please do this posters here the favour of being honest. This is not an audience of unpopular teenagers watching Louder with Crowder and spamming the internet under multiple handles.

Some of us are old fashioned and still value honesty.

Plenty of other polling has shown majorities, but even polling above a plurality, as double digits choose "no change'. Nothing wrong my honesty, as I have no agenda other than helping JT viewership objectivity.

Based on all the polling, Americans MUCH happier today and more optimistic than prior to Nov 5th and its largely because they have more confidence in the future, especially economic, but also world peace etc.

Our MAGA friends trying to explain Trump's economic genius is a bit like Nigel Tufnel trying to explain his amp that goes up to 11.

Plenty of other polling has shown majorities

So why did you choose a poll which didn’t show this?

Please post polls showing majorities for what you claimed.

No need for hints or translations.

Thanks in advance.

Nikkei was up 6%+ 2 days ago and is up 8% today already.

domo arigatou Donaldo!

Everybody please avoid taking advice from someone whose math only includes days when volatile stock prices go up and excludes days when they go down.

The Nikkei is at the time I'm writing this down more than a thousand points since Trump's tariff announcement last week.

Turns out Americans like an executive in charge like DJT, someone who has a clear economic vision to help the country recover from very tough economic affordability conditions under Biden Admin for most regular citizens.

Hence, their growing confidence in the economic future is linked to DJT leadership and regular communication about all issues including tariffs, trade, etc., Quite a contrast from the Biden Admin. leadership vacuum.

Trump caved, no it wasnt China it was Japan, they started dumping bonds, Trump folded, dont take my word for it go and listen to FOX, yes FOX LOL

https://youtu.be/VComWorK9Zg?t=181

It Americans so worried about tariffs and the economy, that's exactly NOT what polling shows. Citizens in US trust in DJT to deliver US re-industrialization and free and fair-trade agreements that protect US workers.

Turns out voters elected DJT to change direction of US

A new Rasmussen poll has found more Americans say the country is heading in the “right direction” than say it’s on the “wrong track,” breaking a 20-year streak in which Americans had generally reported feeling that the country was going downhill.

According to Rasmussen, 47% of respondents now say they believe the United States is going in the “right direction,” compared to 46% that said the nation is on the “wrong track.” This marks the first time in two solid decades that the percentage of Americans who reported feeling positive about the direction of the country outnumbered those who did not.

This clown won’t be happy until he starts a war with China.

He's just making it up as he goes along.

The Nikkei is at the time I'm writing this down more than a thousand points since Trump's tariff announcement last week.

its not a “crash” when its up 6 and 8 percent in 2 days of 3 day period.

if I have to pay more for phones, so be it.

But you were so pissed off by high prices last year.

It's obvious to seem some people lack a grasp of basic math in the comments. This is just market manipulation.

A new Rasmussen poll has found more Americans say 

A Rasmussen poll? Seriously? I’ll leave it to readers to check the bias of the Rasmussen Reports.

You would think with all the mayhem Trump has caused in the last 3 months Democrats would be soaring sky high at the polls but they are wallowing at miserable 27% approval. Incredible, how is this possible?

But you were so pissed off by high prices last year.

No, see, high prices were bad when I wanted a fascist to win the election. Now that he has, I think high prices are good, and cool, and funny.

Trump caved, no it wasnt China it was Japan, they started dumping bonds, Trump folded, dont take my word for it go and listen to FOX, yes FOX LOL

Well, no, it's not a cave in when you pull back, if it were a capitulation, Trump would completely stop imposing the tariffs altogether, I know the left is hoping to find whatever crumbs they can, but the tariffs are in the pause phase now, now we will see what deals can be made, we have 90 days, this is the best thing he could and should have done, it's not his fault for starting this, it's all of the previous admin fault for allowing us to get into this position.

https://youtube.com/shorts/DaoPYSoXhfg?si=GzUIywML1y47gMPO

because you blamed him by name and said it’s all his fault. Remember that?

Yes. Because it is. Trump did stuff and all markets crashed worldwide. Not complicated.

So I said ok it’s him when it goes up too and you said that it won’t be going back up.

There you go debating with yourself again. Or confusing me with someone else, maybe.

Trump owns the performance of the Nikkei too, according to you.

Nope. Trump only owns the performance of markets he influences directly by his actions.

It’s just inconvenient for you that it’s UP not down.

The Nikkei was above 40,000 last december. It's at 34000 now. I wouldn't call that "UP" by any standards.

Incredible, how is this possible?

Inconsistent messaging, failed narratives, lack of understanding of reality and inability to focus for anything other than name calling or screaming “Trump and/or Elon bad”

But you were so pissed off by high prices last year.

Because nothing new was made, if Apple comes out with something more up-to-date and relevant, but they haven't. So if I am going to pay that kind of money at least show us something new and different.

its not a “crash” when its up 6 and 8 percent in 2 days of 3 day period.

I didn't say it was a "crash", I said it was down more than a thousand points this week (down 7.7% overall the past month). This is factually correct.

Nikkei close on April 2nd (Trump's tariff day): 35,725

Nikkei at the time I'm writing this (10:51AM April 10th): 34,150

You on the other hand said we should be thanking Trump for two cherry picked days of increases (the first of which was almost completely wiped out on the following day, the second of which is today which is still in progress). Neither of these increases you are boasting about are high enough to offset the losses on other days.

I'll leave it to readers to decide which of us is providing a more accurate picture.

--But you were so pissed off by high prices last year.

Because nothing new was made, if Apple comes out with something more up-to-date and relevant, but they haven't. So if I am going to pay that kind of money at least show us something new and different.

You lost me. Trump's tariffs are meant to spur innovation at Apple?

Unlike the current USA government I'm confident China's has worked through every possible scenario and has plans for each.

Anyway, China will wait and see what unfolds over the next month to monitor inflation and other potential problems that Trump has unleashed on the USA economy.

Let's add them up, 125% on Chinese goods, 10% on every other county plus continued high tariffs on automobiles, steel and aluminum. That will hit Americans in the wallet.

No one is terrified, and no one is kneeling, not this President especially, and that's why the Chinese are losing their collective minds.

You lost me.

How?

Trump's tariffs are meant to spur innovation at Apple?

No

I didn't say it was a "crash",

RIP to the false and very short lived “global markets are crashing because of Trump” narrative on the site, I guess.

chatanistaToday  10:44 am JST

You would think with all the mayhem Trump has caused in the last 3 months Democrats would be soaring sky high at the polls but they are wallowing at miserable 27% approval. Incredible, how is this possible?

Because of the dumb system they have in the USA for choosing leaders. They won't have any counterpart to the president to get them back into shape and argue their case in the public arena until a few months before the next election. In other countries opposition parties can be ready to challenge the government within weeks of losing an election.

--But you were so pissed off by high prices last year.

Because nothing new was made, if Apple comes out with something more up-to-date and relevant, but they haven't. So if I am going to pay that kind of money at least show us something new and different.

You lost me. Trump's tariffs are meant to spur innovation at Apple?

US re-industrialization, a big objective of DJT's trade and tariff agenda, will fuel innovation, along with many other benefits, like supply chain resiliency etc. Why?

Because people that make stuff, like Elon Musk, know that being able to manufacture is critical to innovation, as outsourcing is too slow, expensive and risky.

Finally, companies like TSMC, Apple, Tesla, etc. will receive tariff waivers based on their reshoring $investment commitments and timely US production, 'Bespoke' tariff agreements to fuel US economic growth

@stickman1760

Liberation Day turns into Capitulation Day !

hilarious !

RIP to the false and very short lived “global markets are crashing because of Trump” narrative on the site, I guess.

Global markets are down across the board this month even taking into account today's rally. Whether you want to declare this is or isn't a "crash" based solely on upward movements over the past few hours in the middle of several days of extreme market volatility is up to you but seems like mere playing with semantics to me.

The real tariff story remains China, there are over 75 countries including Japan eager to adjust their tariff and non-tariff barriers to retain access to US markets.

There is nobody now turning to China on this tariff issue, rather Corps. fleeing China, reducing their supply chain risk there, choosing to reshore to US and other places.

Turns out DJT was right, re-industrializing the US by offering incentives and disincentives/tariffs with private smart capital is the path to Make America Great Again.

Best of all, US Govt. not spending one dime, as tax revenues set to soar and Govt. DOGE efficiency kicks in

Because of the dumb system they have in the USA for choosing leaders.

oh wow, sounds like a “threat to democracy”.

our democracy where the people vote and a winner is elected at the ballot box in a fair and secure election is “dumb”? Oh yeah, just when your team loses.

So, what system do you recommend to us as a non American?

RIP to the false and very short lived “global markets are crashing because of Trump” narrative on the site, I guess.

https://en.wikipedia.org/wiki/2025_stock_market_crash

Let's add them up, 125% on Chinese goods, 10% on every other county plus continued high tariffs on automobiles, steel and aluminum. That will hit Americans in the wallet.

so all that still happened? What happened to Capitulation day?

Didn’t Trump “cave” and “forced to retreat” and all that?

Markets go down people are angry, markets go up people are angry. So many are just perennially angry and complaining.

Because nothing new was made, if Apple comes out with something more up-to-date and relevant, but they haven't. So if I am going to pay that kind of money at least show us something new and different.

You were pissed off at the "Biden inflation" because... Apple didn't come out with a new phone?

Trump cited both Mexico and Canada as "ripping the US off"....but in 2018, Trump negotiated the US Mexico-Canada-Agreement - USCMA....and on the day it was concluded, here is what he said;

"I am thrilled to speak to the American people to share truly historic news for our nation, and, indeed for the world. I want to thank Vice President Pence for joining us this morning. It is my great honor to announce that we have successfully completed negotiations on a brand new deal to terminate and replace NAFTA and the NAFTA trade agreements with an incredible new US-Mexico-Canada Agreement, called “USMCA.” It, sort of, just works: USMCA.  This is a terrific deal for all of us. This new deal will be the most modern, up-to-date, and balanced trade agreement in the history of our country, with the most advanced protections for workers ever developed. This landmark agreement will send cash and jobs pouring into the United States and into North America — good for Canada, good for Mexico."

Biden, as with all other Presidents, honored this agreement negotiated by his predecessor.

So what happened to this "landmark deal"? Why did Trump blow up HIS OWN agreement that he said was "good for the US, Canada, and Mexico"?

Was he LYING back in 2018 when he said this was a "landmark agreement", or is he LYING now when he says that Canada and Mexico are "ripping the us off"?

Lots of comments but no answer to this - why are our MAGA-fans MIA?

The smart thing to have done would’ve been to keep your friends before confronting China, not losing all of your friends first and then confronting China.

bass4funk

But you were so pissed off by high prices last year.

> Because nothing new was made, if Apple comes out with something more up-to-date and relevant, but they haven't. So if I am going to pay that kind of money at least show us something new and different.

According to you you still bought the iPhone 16 Pro Max. You will buy the iPhone 17 this year.

The MAGA tools are twisting themselves into knots to explain all this away as some brilliant strategy by the orange Jesus. Like any cult member, they cannot see reality; they only believe whatever their Dear Leader tells them--no matter if it's chronically inconsistent and incoherent. He paused the tariffs due to pressure from business leaders and others and also because he doesn't want the Republicans to lose seats in the midterm elections as would surely happen if the market kept tanking.

If this had been done by the other party, the cultists would be screaming bloody murder and asking for the death penalty (like that insane racist, Loomer).

Wow, the ketchup must really be flying - FOX BUSINESS NEWS dimed our Trump on why he caved...

“What happened in the bond market overnight — the spike in yields on the 30-year and the 10-year bond, which showed that people were dumping our bonds,” Gasparino said. “If you have a mass sale of bonds, that means people are losing confidence in the U.S. economy, on the ability to do deals with us, and, from what I understand, this is what forced the hand of this 90-day reprieve.”

https://www.yahoo.com/news/want-tell-donald-trump-outsmarted-175229147.html

Glad our MAGA-fans like Fox Business so much - maybe they'll pay attention to this...

Who would want to do business with this " schizophrenic" administration.

Change their minds on a whim or instinct.

How can you plan with these clowns?.

That wasn't in how to run a business 101.

Shockingly inept

"Trump backs off tariffs on most nations for 90 days, but raises tax on Chinese imports to 125%"

Historically, all great leaders, had one thing in common "flexibility" and that's what makes President DJT most effective in governing. However, the ever power hungry left will call it chaos. With only the word "Tariffs" DJT have achieved more in weeks than Bush, Obama Biden combined together in 20 years. That's what wisdom is all about and President DJT have much of her!!

Funny thing. To me (not American, so likely I'll be getting a ton of abuse from the MAGAts here), the insider trading side to this is actually the least surprising part.

To a lot of foreigners, America is a staggeringly self-centred country, where "I got mine, so f-you" has replaced "e pluribus unum" as the phrase to best describe the country.

And now that it's almost guaranteed that nothing will be done to stop it, the American Dream For The One Percent is going full steam ahead.

Didn’t Trump “cave” and “forced to retreat” and all that?

He completely gave up on the "reciprocal" tariffs that were the central part of his entire trade policy on every country in the world except for China, replacing them with a flat 10% tariff which is a massive reduction on pretty much every country the US has a trade deficit with.

And he made that change so quickly that he didn't get any concessions from any of the countries affected in exchange for it for the simple reason that they hadn't even started negotiations on anything.

So in answer to your question, yes he was "forced to retreat" and all that.

To be clear: these tariffs are stupid to begin with. But by your own standards - you were telling us how great these tariffs were for America right up until the second Trump changed his mind on them - the failure to impose them means America is not getting all the benefits that he claimed would flow from imposing them.

Predict major China US tariff and trade news VERY soon, why? Because China's US trade is effectively frozen, ships turning around, their workers will get laid off soon etc.

https://en.m.wikipedia.org/wiki/2022_stock_market_decline

Simply a “decline” for one year when Nasdaq was -33% in 2022.

https://en.wikipedia.org/wiki/2025_stock_market_crash

And then a -11.1% “crash” in Nasdaq year to date. Dow is only -4%, that’s not a crash.

The amount of Kool aid the maga supporters are drinking is actually hilarious.

Your dear leader has more than a few screws lose.

trump folded, just like he always does.

The largest United States crop in terms of total production is corn, the majority of which is grown in a region known as the Corn Belt. The second largest crop grown in the United States is soybeans.

China is the largest buyer of both American corn and soybeans, with its soybean imports from the U.S. accounting for a significant portion of global trade. 

One year ago China was predicted to increase its corn and soybean imports but now?

rainyday,

"And he made that change so quickly that he didn't get any concessions from any of the countries affected in exchange for it for the simple reason that they hadn't even started negotiations on anything."

Don't you get the beauty of that strategy? Within 2 weeks he brought the whole world to the table.

America has a man in charge who filed bankruptcies multiple times for his companies and has no clue how to run a company let alone a country.

> China isn’t going to back down. They hold cards rarely talked about - export restrictions. They could throw a crippling punch to the body of the U.S. economy by expanding restrictions on critical minerals. They hold 90% of the world supply chain. The U.S. couldn’t produce a chip if they wanted to. Or airplanes or auto engines. The economy would be in shambles six months after that.

Your information is out of date. Back in 2010 when China supplied 90% of the world's rare earth metals, China stopped exporting them to Japan as a weapon in their dispute over the Senkaku Islands. The entire world was shocked and alarmed by China's weaponization of trade, and quickly started moving towards alternative sources. The US, EU, Australia, Japan all have developed and are further developing non-China sources and today reliance on China is down to 60% at most. Since 2020, the U.S. Department of Defense has awarded over $439 million to establish domestic rare earth element supply chains, including separating and refining rare earth elements mined in the U.S., as well as developing downstream processes to convert those refined materials into metals and magnets. ​U.S. production of chips, planes and autos will be just fine.

China stopping rare earth metal exports is already calculated by all countries dealing with that country.

According to you you still bought the iPhone 16 Pro Max. You will buy the iPhone 17 this year.

Hope to, with or without the price increase.

Trump will need to find an American manufacturer for his current Chinese-made goods.

Current setup is so favorable for DJT due to easy comparison with Biden Admin punishing affordability crisis

US workers and citizens desperate for new direction and economic success via trade, tariffs, re-industrialization, energy dominance, lower taxes and regulations etc.

bass4funk

According to you you still bought the iPhone 16 Pro Max. You will buy the iPhone 17 this year.

Hope to, with or without the price increase.

You will be alright here in Japan. You contradict your previous post.

Because nothing new was made, if Apple comes out with something more up-to-date and relevant, but they haven't. So if I am going to pay that kind of money at least show us something new and different.

This waste of time and energy on tariffs is dumb.

Trump this, Trump that, Trump, Trump, Trump. All day every day. They must have a big wheel in the White House that they spin every morning to come up with something to Trump, Trump, Trump about.

Another day, another America article with a record number of comments.

You will be alright here in Japan.

When I'm here, why would I not be?

You contradict your previous post.

No, I didn't. I am talking about it doesn't matter where I am, I will buy it, that is what I said.

Don't you get the beauty of that strategy? Within 2 weeks he brought the whole world to the table.

A) Its not a strategy, he is just winging it.

B) He didn't bring anyone to the table that wasn't already at the table.

C) He gave most of the countries at the table most of what they wanted without getting anything in return.

Trump has an age old Japanese plan it's called 行き当たりばったり

Trump this, Trump that, Trump, Trump, Trump. All day every day. They must have a big wheel in the White House that they spin every morning to come up with something to Trump, Trump, Trump about.

It's all just part of the Trump 2.0 MAGA-Flim-Flam...

Always keep them distracted and outraged so they won't pay any attention to your budget which 1) gives huuuge tax breaks to the Top 1%, 2) INCREASES the deficit by $5 Trillion, and guts Medicare...

And as he's admitted to, a "little" insider trading for himself and his criminal cabal doesn't hurt...

This waste of time and energy on tariffs is dumb.

Not for the average American worker

Trump this, Trump that, Trump, Trump, Trump. All day, every day.

Well, 80% of the lib MSM hates Trump, so what do you expect? There is a lot of good and fair coverage of the President that you won't find it on most lib platforms or lib sites. This one included, so is that fair analysis? No, it absolutely is not. it's just more one-sided political partisan bloviating.

They must have a big wheel in the White House that they spin every morning to come up with something to Trump, Trump, Trump about.

Could be.

Key point's Trump has an economic vision of tariffs, trade and reindustrialization he's clearly laid out and a talented group of advisors and appointees to carry it out.

American never understood prior Administration's "Plan"

stormcrowToday  11:15 am JST

The smart thing to have done would’ve been to keep your friends before confronting China, not losing all of your friends first and then confronting China.

Yes, that would have been the smart thing to do. However Trump has not displayed being "smart" as one of his qualities.

But let's hypothesize for a moment, pretending that Trump is some kind of "stable genius". The largest trade deficit the US has is with China. And unlike other trading partners, China is a geopolitical and strategic adversary that is openly working against the United States. The more money China makes the more they can plow into building up their military. To stop this viscious circle, the US could have slapped tariffs on China only. But by slapping tariffs on everybody. it appears as though the US is not targeting China alone. All the other nations have sought to negotiate and Trump has welcomed it. But China's response was predictable and maybe they "took the bait", putting themselves in the worst position for trading with the US.

I don't particularly believe Trump is smart enough to calculate all this. In fact, I think that Trump's lack of "smarts" often inadvertently produces a positive result. An example is how NATO has grown a pair faced with Trump's lack of support.

Key point's Trump has an economic vision of tariffs, trade and reindustrialization he's clearly laid out and a talented group of advisors and appointees to carry it out.

This cannot be achieved in the four years of Trump's office.