China blinks ..

[Godboy]

​

CHINA EXULTS IN TRUMP'S TARIFF PULLBACK!​

Xi had directed an uncompromising response to Trump’s tariffs, retaliating with a range of economic countermeasures and whipping up nationalist fervor against what Beijing denounced as American bullying.​

Wow! China, the convicted felon's demonic nemesis, wrangles the same deal as America's close ally, Great Britain.

Hilarious!

View attachment 1110946​

China now has only a 10% tariff on us, but we still have a 30% tariff on them. That is NOT the same as our deal with the UK.

 

[schmidlap]

China now has only a 10% tariff on us, but we still have a 30% tariff on them. That is NOT the same as our deal with the UK.

The inevitable hoopla aside, a disparrionate assessment of where things stand:

... While it’s been enough to soothe international markets and restore U.S. stock gains, the Trump administration has little to show in the way of concessions gained from the agreements. ​

​

The U.K. agreement saw British businesses win clear concessions from the Trump administration, including lower U.S. trade barriers for its vehicles, steel and aluminum products. ​

​

Less clear were the immediate gains for America. ​

​

Though the pact touted improved access to U.K. markets for American meat producers, methods of meat preparation common in the U.S. are banned in the U.K. — a stance it is not expected to change. ​

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Meanwhile, representatives for American auto firms — which have already struggled to navigate Trump’s tariffs — issued a rare statement blasting the deal. ​

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“We are disappointed that the administration prioritized the U.K. ahead of our North American partners,” Matt Blunt, president of the American Automotive Policy Council, said in a statement. ​

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But the deal announcements kept coming. Days later, representatives from the U.S. and China said they had agreed to temporarily lower reciprocal tariffs, which had reached more than 120%. ​

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Again, the announcement was met with questions about its success. Capital Economics, a Wall Street consultancy, called it “another substantial retreat from the Trump administration’s aggressive stance.” ​

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MSN

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[LAUGHatLEFTISTS]

How is that any different from the US economy? Studies show that most US workers don't have the cash to meet a $500 emergency, and live paycheck to paycheck.

In a communist economy, the workers aren't supposed to accumulate wealth, so from that point of view, their system is working as intended. So is yours but you don't have the smarts to realize it.

Studies don’t show that . Stay off the kook sites.

 

[Godboy]

The inevitable hoopla aside, a disparrionate assessment of where things stand:

... While it’s been enough to soothe international markets and restore U.S. stock gains, the Trump administration has little to show in the way of concessions gained from the agreements. ​

​

The U.K. agreement saw British businesses win clear concessions from the Trump administration, including lower U.S. trade barriers for its vehicles, steel and aluminum products. ​

​

Less clear were the immediate gains for America. ​

​

Though the pact touted improved access to U.K. markets for American meat producers, methods of meat preparation common in the U.S. are banned in the U.K. — a stance it is not expected to change. ​

​

Meanwhile, representatives for American auto firms — which have already struggled to navigate Trump’s tariffs — issued a rare statement blasting the deal. ​

​

“We are disappointed that the administration prioritized the U.K. ahead of our North American partners,” Matt Blunt, president of the American Automotive Policy Council, said in a statement. ​

​

But the deal announcements kept coming. Days later, representatives from the U.S. and China said they had agreed to temporarily lower reciprocal tariffs, which had reached more than 120%. ​

​

Again, the announcement was met with questions about its success. Capital Economics, a Wall Street consultancy, called it “another substantial retreat from the Trump administration’s aggressive stance.” ​

​

MSN

​

Trump gained... the new normal being a 30% tariff. People were freaked out when he first gave them 30%, but after coming down from 145%, investors were estatic. Now the new normal is 30% on China abd only 10% on us. All losses in the markets are gone and we are now better off than we were a year ago.

...but you go ahead and tell us how bad Trump is doing. People will see you lying just like when you guys were trying to gaslight everyone into thinking Bidens economy was good. Your party is in serious trouble and this ^ weird dishonesty isnt helping.

 

[leftwinger]

Stain should be thankful & happy. If Trump trade policy is so bad (China winning) the US Debt, spending and theft should continue to rise (as they wish for). Case closed//.

 

[schmidlap]

Trump gained... the new normal being a 30% tariff. People were freaked out when he first gave them 30%, but after coming down from 145%, investors were estatic. Now the new normal is 30% on China abd only 10% on us. All losses in the markets are gone and we are now better off than we were a year ago.

...but you go ahead and tell us how bad Trump is doing. People will see you lying just like when you guys were trying to gaslight everyone into thinking Bidens economy was good. Your party is in serious trouble and this ^ weird dishonesty isnt helping.

It was always inevitable that Trump would claim victory, and his lickspittles would swallow it.

Yes, I accept the verdict of conservative sources like the Wall Street Journal over self-promoting politicians with a record of continually lying.

The Great Trump Tariff Rollback
Trump started a trade war with Adam Smith. He lost.​

Rarely has an economic policy been repudiated as soundly, and as quickly, as Trump’s Liberation Day tariffs—and by Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity.​

 

[22lcidw]

It was always inevitable that Trump would claim victory, and his lickspittles would swallow it.

Yes, I accept the verdict of conservative sources like the Wall Street Journal over self-promoting politicians with a record of continually lying.

The Great Trump Tariff Rollback
Trump started a trade war with Adam Smith. He lost.​

Rarely has an economic policy been repudiated as soundly, and as quickly, as Trump’s Liberation Day tariffs—and by Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity.​

If only Progs broke down every word in all of that thieving legislation passed the first two years of Joe. You remember? Prog states, cities and unions were paid off handsomely. Remember the surfer in California arrested because of Covid. Good Times. It worries me that many Republicans trust law enforcement as they will turn the screws on them if needed. People are for themselves over liberties and freedoms. Salaries, wages, pensions and benefits rule. Those police involved with the surfer and many others across the nation over a period of time did not give a shit about the individual and the abuses applied.

 

[yidnar]

As expected, Trump's tariff tantrum is resulting in a victory for China.

(The Lardass Messiah will insist that he won, of course, and his worshipful lickspittles will parrot it.)

Xi Defiance Pays Off as Trump Meets Most Chinese Trade Demands
View attachment 1110927​

Xi Jinping’s decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader…​

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The deal ended up meeting nearly all of Beijing’s core demands. The elevated “reciprocal” tariff for China, which Trump set at 34% on April 2, has been suspended — leaving America’s top rival with the same 10% rate that applies to all countries including the UK, a longtime ally that reached a deal with the US last week. ​

 

[Godboy]

It was always inevitable that Trump would claim victory, and his lickspittles would swallow it.

Yes, I accept the verdict of conservative sources like the Wall Street Journal over self-promoting politicians with a record of continually lying.

The Great Trump Tariff Rollback
Trump started a trade war with Adam Smith. He lost.​

Rarely has an economic policy been repudiated as soundly, and as quickly, as Trump’s Liberation Day tariffs—and by Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity.​

He won. Why wouldnt he declare victory? Why are you denying the obvious?

 

[schmidlap]

He won. Why wouldnt he declare victory? Why are you denying the obvious?

It's like pee-wee sports where everyone who plays gets to wave a trophy.

China's State Media Claims Victory After US Trade Talks​