This bitch folded so fast!
Stocks Surge After Trump Pauses Tariff Hikes on Non-Retaliating Countries
After Trump’s hike on China tariffs and pause on the rest the world, a perverse dichotomy now exists for global trade: 125% US duties on Made-in-China vs 10% or 25% levies on products made elsewhere, though only for 90 days.
The consequence? Tremendous opportunities for “re-assembly” plants in Vietnam or Southeast Asia, or outright smuggling operations in Mexico or Canada, given the potential arbitrage opportunity.
Such a situation couldn’t last long, with US consumers paying higher prices and third countries making a good profit - to evade US tariffs. The 90-day pause provides a good off-ramp, and Beijing and Washington may both think long and hard about the risks of further escalation. The tariff on China may eventually settle at a level where both countries can tout as a win, while leaving it not that profitable for a third-country detour.
Lolz. Lmao, even.
Yeah i was wondering why the fuck spy jumped $50 in 10 minutes, makes sense this coward once again reversed course
AKA, Insider Trading and Market Manipulation.
Oh come onnnnn no way the president, Donald Trump, would inform the billionaire cabinet working for him that he was going to do this in order for them to front run his announcement
Be realistic!!
in response to overtures from dozens of countries
I expect that countries are going to end up avoiding tariffs by openly bribing Trump.
Only works if he keeps his word. And Trump’s word isn’t worth the shit its scrawled in. We’re already seeing this problem with Canada and Mexico, where importers are being told they’re going to get assessed the Chinese tariff on the full price of imports and then maybe eventually be eligible for a refund once the Trump administration figures out what percentage of the import qualifies as “Chinese”.
This Chinese-exclusive tariff isn’t any kind of relief, because too much manufacturing is sourced out of China. All we’re going to see is businesses resort to increasingly elaborate methods of concealing a product’s national origin.
Nobody was coming to kiss his ass… if that were the case, he would have waiting to get a good deal out of them
This is trump in his mediocrity trying to save face as his bluff was taking the USA faster than any enemy could
lol can’t afford china tariffs, so he had to drop other countries tariffs to focus on china. lol. Well done, china.
Don’t be fooled, world. This is still an assault on the trust you have built with America. Nothing is stopping Trump from adding it in again, dropping it, doing anything on a whim if he gets pissy.
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Country that has threatened to impose double-digit tariffs on a whim, at the behest of a buggy AI prompt, while mostly just bankrolling the destabilization and invasion of its rivals
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Country that’s building out the 21st century industrial capacity for a fully automated luxury communist future that everyone is invited to join
Damn, who do I side with on this one? Really scratching my head.
- Please note, the first country is run by Godly Sacred White People while the second country is run by a degenerate mongoloid race of godless heathens
Okay, well then the answer is a lot easier.
Everyone can join? Even the Uyghurs?
“They’re teaching Uyghurs mandarin” and “They’re industrializing Xinjiang’s agriculture” are two of the biggest complaints against China’s domestic policy in the region.
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Erratic. Psychotic. Yo-yo.
On Monday he said there wouldn’t be a pause. He’s always lying. Which means an investor can’t trust him.
If there is a tariff this gives the edge in pricing to the manufacturer who produces in the US. If you think the tariff is here to stay it makes economical sense to invest money to move your manufacturing to the US, because then you can get better margins or better market share.
If you do that, and then the tariff is cancelled your competition who can produce more cheaply and reach the same market has the edge again. You just lost the investment, and you might be forced to invest even more to move back.
The more Trump uses tariffs for short term power plays like here the less they will work for long term industry movement, as investors doubts piles up. His ridiculous promises of a new industrial age for the US are only becoming more ridiculous.
On Monday he said there wouldn’t be a pause. He’s always lying. Which means an investor can’t trust him.
There are certain investors that can trust him, that being his buddies. They were probably told there would be a pause and it got out early, so he denied it to keep the dump going so they could continue buying before when they planned the pump.
Weak people create hard times. I guess we are currently in the FO path.
