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Trump raises China tariffs to 125% but announces 90-day pause for others (www.cnbc.com)

submitted 6 days ago by Alsephina@lemmy.ml to c/worldnews@lemmy.ml

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Trump in a Truth Social post says he is “immediately” raising U.S. tariffs on Chinese imports to 125% “based on the lack of respect that China has shown to the World’s Markets.”

But Trump in the same post says he has “authorized a 90 day PAUSE” for other countries, pointing to what he says are more than 75 nations who have reached out to negotiate.

That pause, and “a substantially lowered Reciprocal Tariff during this period, of 10%,” are both “effective immediately,” Trump writes.

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[-] jenni007@lemm.ee 22 points 6 days ago

If I were an American, and especially a MAGA, I would be deeply deeply ashamed of this circus.

[-] Fidel_Cashflow@lemmy.ml 20 points 6 days ago* (last edited 6 days ago)

unfortunately it's just this, over and over and over

[-] davel@lemmy.ml 15 points 6 days ago* (last edited 5 days ago)

I don’t feel particularly shameful because I don’t self-identify with the dictatorship of the bourgeoisie. It’s not my state, it’s theirs.

[-] Supervisor194@lemmy.world 7 points 6 days ago

MAGA people can't feel shame over any of this, they are incapable. This is a wealth and religion thing, you'll notice MAGA people are nearly universally either wealthy, religious or both.

Particularly in America (because of the historical confluence of wealth and religion) these two types of people don't experience shame the same way normal people do. Wealthy people's sense of superiority over their position in society has bred in them the notion that shame is for their lessers. The richer they are, the worse this is. Religious people feel that nothing in the world is more righteous than sticking it to nonbelievers and no effort put forth in pursuit of that goal can be considered shameful. In fact, the opposite. In any case their shame quotient is sodden with their own repressed sexuality.