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dalton99a

(88,693 posts)

18. +1. But inflation will be zero

Reply to Bluestocking (Reply #16)

Mon May 12, 2025, 09:05 AM

May 12

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Chin music

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US and China agree to slash tariffs for 90 days [View all] BumRushDaShow May 12 OP

So, US tariffs were cut from 145% to 30%, while China's were cut from 125% to 10%. SunSeeker May 12 #1

30% is highly inflationary Bluetus May 12 #34

The Scarcity of Goods WokeAintWhatIAm May 12 #40

The damage is already done! BaronChocula May 12 #2

lost orders enid602 May 12 #3

Yup. Our soy bean farmers have now lost the huge Chinese market for their product to Brazil. SunSeeker May 12 #5

Yep..and USAID grain sales too. But hell....keep voting for Republicans idiots. Bengus81 May 12 #19

Huge damage for generations. All for nothing. Irish_Dem May 12 #7

I agree, and the tariffs that are left are still substantial enough to cause damage. unless they cut them down to everyonematters May 12 #14

"Stock Monkey"? If you mean people who care about the stock market, you are referring to most people with an IRA, 401K, 24601 May 12 #17

No. BaronChocula May 12 #35

It's market manipulation IronLionZion May 12 #24

And optics manipulation. forgotmylogin May 12 #36

Yes, the damage is done. If TSF has kept his hands off what he obviously doesn't understand... brush May 12 #29

"The USA just surrendered to China" muriel_volestrangler May 12 #4

The analysis above is suspect BootinUp May 12 #21

Does not help the market uncertainty at all. Irish_Dem May 12 #6

the stock market will go up of course on this news, which is all the admin cares about LymphocyteLover May 12 #10

How much money has the Trump crime family made on market manipulation and insider trading? Irish_Dem May 12 #11

No idea on the amount but clearly it is way too much LymphocyteLover May 12 #32

It's almost like these idiots should have just left well enough alone. BlueTsunami2018 May 12 #8

Dow futures up 800 points wolfie001 May 12 #9

Wasn't there already a 25% tariff on China? Prairie Gates May 12 #12

Found a site that was actually tracking and plotting it since 2018 BumRushDaShow May 12 #15

So we don't need those trillion factories to open in the US anymore? Johnny2X2X May 12 #13

Let's put this in perspective Bluestocking May 12 #16

+1. But inflation will be zero dalton99a May 12 #18

Market manipulation BS along with his cut on drug prices SCAM. DOW up 1000+ in pre-market Bengus81 May 12 #20

Trump single-handedly created this disaster and now he is touted as a hero for getting "concessions" hadEnuf May 12 #22

People don't get math. If you lower something "by 115%," it actually becomes negative. (n/t) thesquanderer May 12 #23

President Chaos strikes again. Jacson6 May 12 #25

Not Sure.. ._. May 12 #26

Does that mean there's a 30% tariff on imports from China??? OrlandoDem2 May 12 #27

Before all this started it was around 20% madville May 12 #30

Ohhh, that's why the markets shot up this morning. louis-t May 12 #28

I'm going to take a wild stab here... jmowreader May 12 #31

trump didn't blink, he flinched and dropped his cards. republianmushroom May 12 #33

Can we just admit this was an extremely stupid and terrible idea and move on already? Initech May 12 #37

So, remove Krasnov's trade embargo and install a 30% sales tax on Americans to hit at GoodRaisin May 12 #38

Too little, too late CapnSteve May 12 #39

CNN calling it a win for Trump madville May 12 #41