The US and China have agreed on a deal to help resolve the trade war

[pknopp]

You cannot tell how they have worked until you know what their purpose was. Obviously you don't know either. The tariffs drove down, and in some cases out, that other countries were charging us. Since China reduced its tariffs against American goods from 125% to 10% the tariff against China worked exactly as intended. If you don't think so. What did you think the purpose of the tariff was?

They only raised them because of Trump. The purpose of the tariff issue was to address Trump's ego.

 

[Nobody911]

Humm that was quick.....China was ready as their economy was at risk of collapse

The US and China have agreed on a deal to help resolve the trade war raging between the world’s two largest economies, top Trump administration officials announced Sunday.

Details of the deal, struck during negotiations in Switzerland over the weekend, were not revealed, but officials teased that more information will be shared on Monday.

US, China strike deal after extensive talks in Switzerland as Trump official touts ‘resolving’ ongoing trade war

The US and China have agreed on a deal to help resolve the trade war raging between the world’s two largest economies, top Trump administration officials announced Sunday.

nypost.com

Are the negotiations aimed at a win-win outcome or a win-lose outcome? Only time will tell.

The potential long-term effects of the 2025 US-China tariff reduction agreement on their trade relationship include both opportunities and challenges:

Easing of Trade Tensions and Market Confidence: The agreement to slash tariffs temporarily (U.S. tariffs from 145% to 30%, China’s from 125% to 10%) has already eased tensions and boosted global stock markets, signaling improved investor confidence and a pause in the trade war that disrupted nearly $600 billion in bilateral trade157.

Foundation for Further Negotiations: The 90-day tariff pause creates a window for both countries to negotiate a more comprehensive trade deal, potentially addressing structural issues such as the U.S. trade deficit and market access barriers. This framework may facilitate ongoing dialogue and cooperation, which is critical for a sustainable economic partnership69.

Uncertainty and Temporary Nature: Despite the positive step, experts caution that the agreement is a temporary "cooling off" rather than a final resolution. The deal lacks formal codification into treaties or laws, which raises concerns about its durability and the possibility of abrupt policy reversals. Tariffs on other goods and sectors remain elevated, and key issues like rare earth export controls and fentanyl-related tariffs are unresolved46.

Shift Toward Bilateralism and Complexity in Global Trade: The deal reflects a broader trend toward bilaterally managed trade agreements based on reciprocity rather than multilateral WTO frameworks. This shift may increase unpredictability and complexity in global trade, potentially reducing overall trade volumes and affecting global growth prospects if broader adjustments do not compensate4.

Impact on U.S. Economic Growth and Manufacturing: While the tariff reductions may lower costs for U.S. businesses and consumers, there is skepticism about whether the agreement will significantly reduce the U.S. trade deficit or revitalize manufacturing without deeper structural changes. Some analysts view the tariff rollback as a strategic U.S. retreat rather than a Chinese concession12.

Continued Strategic Competition: The agreement does not resolve underlying geopolitical and economic competition, including technology access, supply chain security, and strategic materials. Both sides are likely to continue balancing cooperation with competition in their broader relationship68.

In summary, the agreement offers a valuable pause and a platform for further negotiation, but its long-term impact depends on whether it leads to durable structural reforms and a more stable bilateral trade framework. Without such progress, the relationship may remain characterized by episodic tensions and uncertainty146.

sources:
1. https://www.reuters.com/world/china/us-china-reach-deal-slash-tariffs-officials-say-2025-05-12/
2. https://www.reuters.com/world/china/view-investor-reaction-us-china-progress-trade-talks-2025-05-11/
3. https://www.cnn.com/politics/live-news/us-china-tariffs-trade-talks-trump-05-12-25
4. Experts react: The US and China just agreed to dramatically reduce tariffs on each other, for now. What’s next?
5. U.S. and China to ease tariffs significantly for 90 days, White House announces
6. What's in the US-China trade framework?
7. https://www.wsj.com/economy/trade/s...-gives-global-economy-a-big-reprieve-b486da7b
8. The Contentious U.S.-China Trade Relationship
9. Joint Statement on U.S.-China Economic and Trade Meeting in Geneva

 

[EvilCat Breath]

They only raised them because of Trump. The purpose of the tariff issue was to address Trump's ego.

Again. They worked exactly as intended! By forcing China to lower their tariffs, Trump's ego was dutifully massaged.

Yay.

 

[jc456]

Difficult for you I guess. Too many words?

 

[pknopp]

Again. They worked exactly as intended! By forcing China to lower their tariffs, Trump's ego was dutifully massaged.

Yay.

They only increased them AFTER Trump raised them. Tariff's going that way are even largely irrelevant because even at zero, Chinese people can not afford our products.

 

[jc456]

Your Trump Devotion Syndrome is actually comical to watch.
No matter what the subject.......no matter what the statement or comment....you just HAVE to automatically jump to this man's defense.
Gee....it's almost cultish isn't it?

I idolize no man like you. Ironic is your middle name

 

[jc456]

They only increased them AFTER Trump raised them. Tariff's going that way are even largely irrelevant because even at zero, Chinese people can not afford our products.

Why if they knew what you just posted? Odd

 

[EvilCat Breath]

They only increased them AFTER Trump raised them. Tariff's going that way are even largely irrelevant because even at zero, Chinese people can not afford our products.

No. The Chinese tariffs on American goods was 125%. Trump raised ours to 145%. The wealthiest Chinese can afford our products that's not the market. China is a first world country now. It's no longer barefoot coolies in rice paddies. By charging such high tariffs the middle income Chinese were priced out of the market which is just the way China wanted it. Buy Chinese. Sell Chinese. Now it's a bit more fair and opens up a huge Chinese market.

 

[pknopp]

No. The Chinese tariffs on American goods was 125%.

No it wasnt.

 

[jc456]

No it wasnt.

What was it then?

 

[Jroc]

Are the negotiations aimed at a win-win outcome or a win-lose outcome? Only time will tell.

The potential long-term effects of the 2025 US-China tariff reduction agreement on their trade relationship include both opportunities and challenges:

Easing of Trade Tensions and Market Confidence: The agreement to slash tariffs temporarily (U.S. tariffs from 145% to 30%, China’s from 125% to 10%) has already eased tensions and boosted global stock markets, signaling improved investor confidence and a pause in the trade war that disrupted nearly $600 billion in bilateral trade157.

Foundation for Further Negotiations: The 90-day tariff pause creates a window for both countries to negotiate a more comprehensive trade deal, potentially addressing structural issues such as the U.S. trade deficit and market access barriers. This framework may facilitate ongoing dialogue and cooperation, which is critical for a sustainable economic partnership69.

Uncertainty and Temporary Nature: Despite the positive step, experts caution that the agreement is a temporary "cooling off" rather than a final resolution. The deal lacks formal codification into treaties or laws, which raises concerns about its durability and the possibility of abrupt policy reversals. Tariffs on other goods and sectors remain elevated, and key issues like rare earth export controls and fentanyl-related tariffs are unresolved46.

Shift Toward Bilateralism and Complexity in Global Trade: The deal reflects a broader trend toward bilaterally managed trade agreements based on reciprocity rather than multilateral WTO frameworks. This shift may increase unpredictability and complexity in global trade, potentially reducing overall trade volumes and affecting global growth prospects if broader adjustments do not compensate4.

Impact on U.S. Economic Growth and Manufacturing: While the tariff reductions may lower costs for U.S. businesses and consumers, there is skepticism about whether the agreement will significantly reduce the U.S. trade deficit or revitalize manufacturing without deeper structural changes. Some analysts view the tariff rollback as a strategic U.S. retreat rather than a Chinese concession12.

Continued Strategic Competition: The agreement does not resolve underlying geopolitical and economic competition, including technology access, supply chain security, and strategic materials. Both sides are likely to continue balancing cooperation with competition in their broader relationship68.

In summary, the agreement offers a valuable pause and a platform for further negotiation, but its long-term impact depends on whether it leads to durable structural reforms and a more stable bilateral trade framework. Without such progress, the relationship may remain characterized by episodic tensions and uncertainty146.

sources:
1. https://www.reuters.com/world/china/us-china-reach-deal-slash-tariffs-officials-say-2025-05-12/
2. https://www.reuters.com/world/china/view-investor-reaction-us-china-progress-trade-talks-2025-05-11/
3. https://www.cnn.com/politics/live-news/us-china-tariffs-trade-talks-trump-05-12-25
4. Experts react: The US and China just agreed to dramatically reduce tariffs on each other, for now. What’s next?
5. U.S. and China to ease tariffs significantly for 90 days, White House announces
6. What's in the US-China trade framework?
7. https://www.wsj.com/economy/trade/s...-gives-global-economy-a-big-reprieve-b486da7b
8. The Contentious U.S.-China Trade Relationship
9. Joint Statement on U.S.-China Economic and Trade Meeting in Geneva

No mention there about the fentanyl crisis

 

[MagicMike]

I idolize no man like you. Ironic is your middle name

Wow! A cultist AND a liar!

 

[EvilCat Breath]

No it wasnt.

Only you think so

US-China tariff deal: What does it mean?

The agreement marks a major de-escalation of the trade war between the world's two biggest economies.

www.bbc.com

 

[jc456]

Wow! A cultist AND a liar!

You really are

 

[Kilroy2]

Bottom line Trump made a move

They made a move

Now there is a deal?

Gee if no move was made then would anything be different

well Trump would not be doing his happy dance

I smell a lawsuit

 

[Flopper]

Could be interesting, China might have met their match

China is not going to be buying US goods because they too expense compared to Chinese products due to the long term lost in purchasing power of the US dollar. Even though China dropped their tariffs to 10% , it will not significant increase the sales of US goods to China. The 30% tariff on Chinese imports will push inflation up somewhat in the US and create slight decrease in sale of Chinese goods in the US. However it will certainly not bring back manufacturing to the US.

As long as buying power of the dollar continues to fall, we will have significant trade deficits. It is not China ripping the US off. It is US goods are too expensive compared to Chinese goods.

 

[Flopper]

He should negotiate with them last then, after he ensures other nations increase their tariffs against China as well as part of any trade deal, be it Canada, UK, India, Germany etc.

IF Canada, China, India, and UK put higher tariffs on Chinese imports, China would recomplicate, raising prices and decreasing sales. In trade wars both sides suffer and there is no outright winner.

 

[shockedcanadian]

IF Canada, China, India, and UK put higher tariffs on Chinese imports, China would recomplicate, raising prices and decreasing sales. In trade wars both sides suffer and there is no outright winner.

Canada already placed. a large tariff on EVs. There is only so mich China can do they are running a record $1T+ trade surplus each year.

 

[Kilroy2]

https://www.washingtonpost.com/politics/2016/live-updates/general-election/real-time-fact-checking-and-analysis-of-the-first-presidential-debate/fact-check-has-trump-declared-bankruptcy-four-or-six-times/

Trump has filed for bankruptcy

Obviously the art of the deal is filing bankruptcy when needed because even rich people can file bankruptcy

Clinton called him out on the 6 bankruptcies

Trump excuse is because it is allowed and the best of his recollection was that it was only 4 times.

 

[konradv]

It is good to see Trump come to his senses about this.
We'll call this a win for China and the U.S. economy and a loss for the convicted felon.
Next time maybe he'll seek advice from adults before doing something so stupid.

We’ll still be paying 20% more than before Trump. Thanks for the tax increase, Donny.