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Initech

(104,751 posts)

37. Can we just admit this was an extremely stupid and terrible idea and move on already?

Reply to BumRushDaShow (Original post)

Mon May 12, 2025, 01:49 PM

2 hrs ago

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US and China agree to slash tariffs for 90 days [View all] BumRushDaShow 13 hrs ago OP

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

30% is highly inflationary Bluetus 4 hrs ago #34

The Scarcity of Goods WokeAintWhatIAm 2 hrs ago #40

The damage is already done! BaronChocula 12 hrs ago #2

lost orders enid602 12 hrs ago #3

Yup. Our soy bean farmers have now lost the huge Chinese market for their product to Brazil. SunSeeker 11 hrs ago #5

Yep..and USAID grain sales too. But hell....keep voting for Republicans idiots. Bengus81 7 hrs ago #19

Huge damage for generations. All for nothing. Irish_Dem 10 hrs ago #7

I agree, and the tariffs that are left are still substantial enough to cause damage. unless they cut them down to everyonematters 8 hrs ago #14

"Stock Monkey"? If you mean people who care about the stock market, you are referring to most people with an IRA, 401K, 24601 8 hrs ago #17

No. BaronChocula 3 hrs ago #35

It's market manipulation IronLionZion 7 hrs ago #24

And optics manipulation. forgotmylogin 3 hrs ago #36

Yes, the damage is done. If TSF has kept his hands off what he obviously doesn't understand... brush 6 hrs ago #29

"The USA just surrendered to China" muriel_volestrangler 11 hrs ago #4

The analysis above is suspect BootinUp 7 hrs ago #21

Does not help the market uncertainty at all. Irish_Dem 10 hrs ago #6

the stock market will go up of course on this news, which is all the admin cares about LymphocyteLover 9 hrs ago #10

How much money has the Trump crime family made on market manipulation and insider trading? Irish_Dem 9 hrs ago #11

No idea on the amount but clearly it is way too much LymphocyteLover 5 hrs ago #32

It's almost like these idiots should have just left well enough alone. BlueTsunami2018 10 hrs ago #8

Dow futures up 800 points wolfie001 9 hrs ago #9

Wasn't there already a 25% tariff on China? Prairie Gates 9 hrs ago #12

Found a site that was actually tracking and plotting it since 2018 BumRushDaShow 8 hrs ago #15

So we don't need those trillion factories to open in the US anymore? Johnny2X2X 8 hrs ago #13

Let's put this in perspective Bluestocking 8 hrs ago #16

+1. But inflation will be zero dalton99a 7 hrs ago #18

Market manipulation BS along with his cut on drug prices SCAM. DOW up 1000+ in pre-market Bengus81 7 hrs ago #20

Trump single-handedly created this disaster and now he is touted as a hero for getting "concessions" hadEnuf 7 hrs ago #22

People don't get math. If you lower something "by 115%," it actually becomes negative. (n/t) thesquanderer 7 hrs ago #23

President Chaos strikes again. Jacson6 7 hrs ago #25

Not Sure.. ._. 6 hrs ago #26

Does that mean there's a 30% tariff on imports from China??? OrlandoDem2 6 hrs ago #27

Before all this started it was around 20% madville 6 hrs ago #30

Ohhh, that's why the markets shot up this morning. louis-t 6 hrs ago #28

I'm going to take a wild stab here... jmowreader 6 hrs ago #31

trump didn't blink, he flinched and dropped his cards. republianmushroom 5 hrs ago #33

Can we just admit this was an extremely stupid and terrible idea and move on already? Initech 2 hrs ago #37

So, remove Krasnov's trade embargo and install a 30% sales tax on Americans to hit at GoodRaisin 2 hrs ago #38

Too little, too late CapnSteve 2 hrs ago #39

CNN calling it a win for Trump madville 2 hrs ago #41