Trump temporarily drops tariffs to 10% for most countries, hits China harder with 125%
What's the rule about playing chicken again? The one to flinch loses, right?
What does that make Trump now?
https://www.cnbc.com/2025/04/09/trump-announces-90-day-tariff-pause-for-at-least-some-countries.htmlOpen linkView original on midwest.social
11 replies
Playing games with the lives of billions.
Nothing says confidence in what you are doing more than flip-flopping.
They are trying to explain "this was the plan all along". Bullshit, they just are flipflopping and have no idea how to run the show.
The smartest! And the bigliest best ideas!
Imagine doing all this damage from a toilet.
I’ve been getting domestic quotes on my China parts and the tarriff needs to be 300% for it to start to break even.
Give it a week.
lol I can’t wait to see what Xi does next. Every night I text my suppliers the current. They hear it from me first. Someone needs to stand up to him and his bad math.
You are in luck! Kevin O'Leary is in his ear about going to 400%...
https://www.marketwatch.com/story/heres-how-high-mr-wonderful-wants-u-s-tariffs-on-china-to-be-af9cf27b
He doesn't see it as flinching, he sees it as taking a big swing at China. It's like when you've got all your marks lined up against the wall you're shouting at all of them to give you their wallets, then one of them talks back. When you pistolwhip that guy, you can give him all your attention cause all the others are just going to watch. All Trump really knows is the art of the stick-up. I don't see this playing out the way he thinks it will, though.
Who's going to build these factories in the US when the tariffs are on-again off-again like a sitcom couple?
We've had about 9 different tariff regimes (all responding to the same "emergency") in a little over two months. Trump thought he could ride into Tokyo on Godzilla's shoulders only to raise a white flag out the bottom of a footprint moments later.