Spyke

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29 replies

besselj
lemmy.ca

Wow, he sure showed China who's boss 🤡

53
scarabicreply
lemmy.world

AND the stock market ROARS BACK to… 80% of previous baseline. O the winning!

7
skozzii
lemmy.ca

You mean the USA capitulated to the one and only demand China had. And now we are back where we werr before the trade war started, but in a much worse position.

35
Zier
fedia.io

Fake trade war was 'solved' to still impose more import taxes on the US consumer. These people couldn't negotiate their way out of a plastic, sealed, bag.

31
wewbull
feddit.uk

So what has changed from before all of this? What have they agreed to that makes this all worth while?

21
Salehreply
feddit.org

A 90 day truce while China accepts 30% US tariffs for that time.

10
wewbullreply
feddit.uk
  • US put up tariffs
  • Chine put them up in response
  • They now both drop them for 90 days

Nothing has been achieved.

What goal are we closer to? What does Trump want to get out of these negotiations?

4
ozymandias117reply
lemmy.world

He's on video congratulating people like Charles Schwab making 2.5 billion dollars from his constantly changing tariffs, so...

Probably that. Occam's razor and all

1
drhodlreply
lemmy.world

Well, there was a little bit of Insider Trading, so fortunes were made..... Oh, you mean worth while for the Country? There was nothing gained, nothing. But a lot was lost...

2
poopkins
lemmy.world

Now it's up to the justice department to obtain details about shorts made prior to the tariff war and investments made prior to the reconciliation so they can prosecute anybody who performed blatant market manipulation.

17
Optionalreply
lemmy.world

Y'know they couldn't even bust him for stealing nuclear secrets to sell to the Saudis.

12
DoGeeseSeeGod
lemmy.blahaj.zone

Like honestly I'm mad about this and idk why. Like I know the tariffs were ass fucking backwards stupid and would likely cost me my job. I know Trump is a spineless piece of shit conman croward. But come on. All this fucking bark, and and we got what like 2 days of actual tariffs being levied and he backs off? Like I wish the piece of shit and his whole admin would die so very very very painfully, and yet he is able to disappoint me?

I know i should feel grateful, so yay for not totally fucking up the economy for next 90 days, hopefully, you spineless rotting cumstain

17
Coreidanreply
lemmy.world

Don’t worry. The economy is still going to get fucked up but at least there is an end date on it.

But let’s be real. It’s not over.

5
Mediocre_chad
piefed.social

Oh goodie! It's all better now that we'll only have to pay an arbitrary 30% more for goods from China! Whew, glad they saved the day! Long live fascicapitalism!

13
kebab
endlesstalk.org

This is what y’all came for:

the US will lower tariffs on Chinese goods to 30 per cent from 145 per cent and China will reduce duties on US imports to 10 per cent from 125 per cent.

11
jacksilverreply
lemmy.world

For those not aware. Duties are apparently any kind of tax that may be levied on imports (could be anti-dumping fees, etc.) while tariffs are just import taxes.

2
drhodl
lemmy.world

Regardless of any outcome, Drumpf was always going to claim a resounding victory.

3

You reached the end

China and US agree to slash tariffs | Spyke