161
submitted 3 months 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.

Archive link

all 25 comments
sorted by: hot top controversial new old
[-] Alsephina@lemmy.ml 65 points 3 months ago

He folded pretty quick lmfao

Wonder how long it'll take for him to fold on China

[-] OhVenus_Baby@lemmy.ml 6 points 3 months ago* (last edited 3 months ago)

How is this folding?

He said he was willing to renegotiate in the beginning due to unfair trade agreements.

I'm not a supporter. I'm just being objective here. How does this conclude to folding by taking the time to renegotiate to a better deal supposedly for his country which was the beginning goal again supposedly for his entire plan.

I see no evidence of him folding yet. To reiterate. Being objective to politics.

[-] ziggystar@lemm.ee 19 points 3 months ago

Someone slightly smarter as him must have told him that it's pretty tough to impose 100 percent tariffs on the whole world at once.

[-] SunshineJogger@feddit.org 10 points 3 months ago

Oh, he's not folding, he's just demented. Doesn't even remember why he did what when it seems.

[-] floofloof@lemmy.ca 3 points 3 months ago

Not sure he even knew in the first place.

[-] Spookyghost@sh.itjust.works 7 points 3 months ago

You seem to be completely misinterpreting market manipulation.

[-] Butterpaderp@lemmy.world 4 points 3 months ago

He said

Because everything he says is objectively true, right?

[-] davel@lemmy.ml 43 points 3 months ago

Amazing. He’s just mashing on the tariff keyboard.

[-] Dave@lemmy.nz 27 points 3 months 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.

[-] samus12345@lemm.ee 10 points 3 months ago

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

[-] yogthos@lemmy.ml 6 points 3 months ago

that's exactly what it is actually

[-] barneypiccolo@lemm.ee 3 points 3 months ago

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

[-] CouncilOfFriends@slrpnk.net 2 points 3 months ago* (last edited 3 months 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.

[-] randon31415@lemmy.world 27 points 3 months ago

Buy the dip scam is entering into phase 2.

[-] reallykindasorta@slrpnk.net 23 points 3 months ago* (last edited 3 months ago)

In terms of both economic and military strength it feels like Trump expected everyone to go “Oh no we need them, guess we’ll have to take a worse deal” but instead they were like “We need stability and can’t trust the US to keep its contracts for the next several years at least, so we’ll have to source elsewhere.”

[-] LarmyOfLone@lemm.ee 2 points 3 months ago

I guess this is a tactic to isolate China and break up a possibly alliance of countries acting in concert to combat these tariffs? Well it's a trade war.

[-] HumanPenguin@feddit.uk 5 points 3 months ago* (last edited 3 months ago)

I can def believe he thinks that is what he is doing.

But by putting world tarrifs on hold. He is just giving Europe 90days to worry and discuse China. While giving China more reason to consider deals with Europe.

Add to that China has been building deals with most of the world for over 20 years.

China has less to lose then the big US corp owners that back trump and depend on China for manufacturing and parts etc.

[-] LarmyOfLone@lemm.ee 2 points 3 months ago

Especially since the USA can't do anything to coordinate the response of their industry, having fired their people and only relying on the market to sort it out. While China could systematically and rapidly invest in any industries and goods from the USA that now face retaliation tariffs in China or EU.

[-] IndustryStandard@lemmy.world 2 points 3 months ago
this post was submitted on 09 Apr 2025
161 points (100.0% liked)

World News

37141 readers
341 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS