Trump tariffs: 'Do not retaliate and you will be rewarded,' White House says
www.cnbc.com
President Donald Trump's tariffs on nearly all U.S. trade partners will drop to 10% for 90 days, but tariffs on China will jump to 125%.

Trump in a Truth Social post says he is “immediately” raising U.S. tariffs on Chinese imports to 125% “based on the lack of respect that China has shown to the World’s Markets.”

But Trump in the same post says he has “authorized a 90 day PAUSE” for other countries, pointing to what he says are more than 75 nations who have reached out to negotiate.

That pause, and “a substantially lowered Reciprocal Tariff during this period, of 10%,” are both “effective immediately,” Trump writes.

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    • OhVenus_Baby@lemmy.ml
      312·
      10 days ago

      They lasted for half a day due to the countries they were imposed on wanting to re negotiate trade terms. Trump is pausing at 10 percent for those countries he’s renegotiating with temporarily. He didn’t stop this whole tarriff war ordeal as a whole. Which is what folding would be referring to, meaning he gave up and folded as if his entire plan was a rouse. That was all I was saying.

      I fail to see proof anywhere that points to folding due to some sort of outside pressure.

      Negotiation was the entire point to get the US better trade deals according to him. For better or worse for his country renegotiation was part of his plan.

      It is wild how emotional some are based on the downvotes. I clearly stated not a supporter and my objectiveness by simply reading the article and the comment I replied to being incorrect and emotion based. Nothing more nothing less.