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Trump pauses Tariffs

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Brian0787
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09 Apr 2025, 1:03 pm

Trump Pauses Tariffs

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President Donald Trump on Wednesday announced a 90-day pause of the higher tariffs against 60-odd trading partners that went into effect earlier today, with the exception of China — an abrupt reversal of his market-rattling trade policy.

Trump, in a Truth Social post, said he plans to keep the administration’s global baseline tariff increase of 10 percent in place for all countries.

But tariffs he imposed on China will continue to rise, Trump wrote, increasing to 125 percent, due to Beijing’s continued retaliation.

“I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period,” Trump wrote, citing the extensive outreach that the White House has received from countries seeking to negotiate their tariffs rates.



BillyTree
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09 Apr 2025, 1:53 pm

Maybe Trump has found out that he has picked a fight with too many countries at the same time? I think it's in the best interest of all countries on that chart he held up in the White House to go ahead now and simultaneously impose tariffs on the US in a shock and awe style to get over with this.


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babybird
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09 Apr 2025, 2:15 pm

He's a bit of a chancer Donald Trump isn't he


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blitzkrieg
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09 Apr 2025, 2:28 pm

babybird wrote:
He's a bit of a chancer Donald Trump isn't he


I think that might be a bit of an understatement, given the circumstances. :lol:

:P



babybird
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09 Apr 2025, 2:42 pm

:lol: I know


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blitzkrieg
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09 Apr 2025, 2:44 pm

babybird wrote:
:lol: I know


:lol:



cyberdora
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09 Apr 2025, 4:15 pm

BillyTree wrote:
Maybe Trump has found out that he has picked a fight with too many countries at the same time? I think it's in the best interest of all countries on that chart he held up in the White House to go ahead now and simultaneously impose tariffs on the US in a shock and awe style to get over with this.


to the 75 million who voted for him have as much equal responsibility for the global mess he's created as a parent who thought it was a good idea to leave a pit bull to babysit their newborn.



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10 Apr 2025, 7:07 pm

Trump can't seem to make up his mind, no wonder he's made the US into a joke once again. :lol:


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Yesterday, 2:48 pm

"You have 87 days. From clothes to electronics and appliances, here’s what you should stock up on before Trump’s tariffs pause ends in July"

...except...how many times might he change his mind in that long of a period of time?


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Yesterday, 5:02 pm

"Um, It Turns Out No One at the Ports Is Collecting Trump’s Tariffs" :roll:


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Yesterday, 5:33 pm

"Exclusive: Chinese suppliers are offering U.S. Amazon sellers a tariff solution—but it’s not legal"

:silent: Is it too late to make a Marx Brothers movie on this stuff??


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