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BootinUp

(49,950 posts)

21. The analysis above is suspect

Reply to muriel_volestrangler (Reply #4)

Mon May 12, 2025, 09:23 AM

May 12

"Yet, by retaliating – China is now on same broad terms as the USA’s no 1 ally, the UK?"

How is 30% the same as 10%?

It appears that tariffs are higher on both countries, than they were before Trumps trade war. But it also is pretty clear that there are higher tariffs on China than on the UK.

All this analysis both from journalists and my opinions are based on the reporting in this thread and some of that may turn out to be simply wrong.

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US and China agree to slash tariffs for 90 days [View all] BumRushDaShow May 12 OP

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

30% is highly inflationary Bluetus May 12 #34

The Scarcity of Goods WokeAintWhatIAm May 12 #40

The damage is already done! BaronChocula May 12 #2

lost orders enid602 May 12 #3

Yup. Our soy bean farmers have now lost the huge Chinese market for their product to Brazil. SunSeeker May 12 #5

Yep..and USAID grain sales too. But hell....keep voting for Republicans idiots. Bengus81 May 12 #19

Huge damage for generations. All for nothing. Irish_Dem May 12 #7

I agree, and the tariffs that are left are still substantial enough to cause damage. unless they cut them down to everyonematters May 12 #14

"Stock Monkey"? If you mean people who care about the stock market, you are referring to most people with an IRA, 401K, 24601 May 12 #17

No. BaronChocula May 12 #35

It's market manipulation IronLionZion May 12 #24

And optics manipulation. forgotmylogin May 12 #36

Yes, the damage is done. If TSF has kept his hands off what he obviously doesn't understand... brush May 12 #29

"The USA just surrendered to China" muriel_volestrangler May 12 #4

The analysis above is suspect BootinUp May 12 #21

Does not help the market uncertainty at all. Irish_Dem May 12 #6

the stock market will go up of course on this news, which is all the admin cares about LymphocyteLover May 12 #10

How much money has the Trump crime family made on market manipulation and insider trading? Irish_Dem May 12 #11

No idea on the amount but clearly it is way too much LymphocyteLover May 12 #32

It's almost like these idiots should have just left well enough alone. BlueTsunami2018 May 12 #8

Dow futures up 800 points wolfie001 May 12 #9

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

Found a site that was actually tracking and plotting it since 2018 BumRushDaShow May 12 #15

So we don't need those trillion factories to open in the US anymore? Johnny2X2X May 12 #13

Let's put this in perspective Bluestocking May 12 #16

+1. But inflation will be zero dalton99a May 12 #18

Market manipulation BS along with his cut on drug prices SCAM. DOW up 1000+ in pre-market Bengus81 May 12 #20

Trump single-handedly created this disaster and now he is touted as a hero for getting "concessions" hadEnuf May 12 #22

People don't get math. If you lower something "by 115%," it actually becomes negative. (n/t) thesquanderer May 12 #23

President Chaos strikes again. Jacson6 May 12 #25

Not Sure.. ._. May 12 #26

Does that mean there's a 30% tariff on imports from China??? OrlandoDem2 May 12 #27

Before all this started it was around 20% madville May 12 #30

Ohhh, that's why the markets shot up this morning. louis-t May 12 #28

I'm going to take a wild stab here... jmowreader May 12 #31

trump didn't blink, he flinched and dropped his cards. republianmushroom May 12 #33

Can we just admit this was an extremely stupid and terrible idea and move on already? Initech May 12 #37

So, remove Krasnov's trade embargo and install a 30% sales tax on Americans to hit at GoodRaisin May 12 #38

Too little, too late CapnSteve May 12 #39

CNN calling it a win for Trump madville May 12 #41