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submitted 1 week ago by Alsephina@lemmy.ml to c/worldnews@lemmy.ml

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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[-] Dave@lemmy.nz 27 points 1 week ago

How do we know this isn't market manipulation? When stock values are all over the place that's a good opportunity for people with money to make more money.

[-] CouncilOfFriends@slrpnk.net 2 points 6 days ago* (last edited 6 days ago)

Because the man has no filter, he felt the need to say the quiet part out loud about his buddies profiting from this grift.

[-] samus12345@lemm.ee 10 points 1 week ago

It's probably other stupid things as well, but it's definitely market manipulation.

[-] yogthos@lemmy.ml 6 points 1 week ago

that's exactly what it is actually

[-] barneypiccolo@lemm.ee 3 points 1 week ago

Of course it is. His two primary characteristics are that he is a Traitor, and breath-takingingly Corrupt.

this post was submitted on 09 Apr 2025
160 points (100.0% liked)

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