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Breaking: all reciprocal tariffs halted for 90 days EXCEPT on China. Tariff rates over 100% on Chinese exports.
So it seems like it’s more of a targeted war against China specifically? Likely giving other nations time to choose (with us or against us), and slapping the nations who chose to align with China with huge tariffs in 90 days.
Interesting choice to make as a country then… do we want cheap goods from China but lose access to the American market? Or do we want to be able to sell to Americans?
The next “stick” will be weaponizing the financial system against China-aligned nations, while China dumps treasuries and tries to spark a financial crisis.
https://www.zerohedge.com/markets/china-holds-back-retaliation-opts-strategic-messaging-through-white-paper-trade
I've largely ignore all the tariff talk the last, jeeze, two weeks? Three weeks? It's just repetitive top level posts really adding nothing over and over and over again, everyone so certain they know what's going to happen.
Nobody knows what's going to happen. Did anyone know this would happen? Does anyone know what happens next?
I'm just so tired with everyone's vapid obsession with tariffs. To the point where it feels like a psyop. I've repeated my criteria for the Trump administration, and my hesitancy to rush to judgement too quickly. I'm waiting until the mid terms to see if my life has gotten better, or worse. I don't care about twitter post, I don't care about stock market swings, I do care about inflation, but in the "Has my pay risen faster than my grocery bill" sense and not a "Here's how the federal reserve is lying with statistics" kind of way.
Can we all reflect, for a moment, about all the breath and ink that has been feverishly spilled over this topic the last two weeks, to come to what? Do we even know what this point is supposed to represent? Or what tomorrow's tweets will be?
We've had topic bans before, and honestly I wouldn't be opposed to a month long ban on tariff discussion. Or putting it into it's own thread. Might as well be arguing alternate histories as far as I'm concerned.
Look, I understand finding a topic uninteresting but we're talking about a thing that could upturn the whole world economy. And the reason there is so much uncertainty about it is because the president of the united states is intentionally yoyoing us back and forth across the precipice. It's not a psyop that this is being discussed, some thing are actually genuinely important.
But it is very tiring to see people suddenly pop up acting like they're experts after months of low/no engagement, just because they suddenly have a stick they can hit people with.
I keep asking them tariff questions from last year and never get a response, because they never cared about tariffs until this week.
The thing is, to me it seems that high tariffs are obviously bad for me, in a way that many of Trump's other policies are not obviously bad for me. I'd prefer to keep buying cheaper products, as opposed to more expensive products. I have no desire to go work in manufacturing. And I care almost nothing at all about the US becoming self-sufficient in national security-related products because as far as I am concerned, the oceans and the nukes are all we need to keep the US safe from any major threat.
Given that tariffs offer me nothing that I value, and only seem to offer me bad things, of course I go criticize them online. It's not some general attempt to bash Trump on my part, it's a specific criticism of a specific Trump policy that I would really prefer he dropped.
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