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carpediem · 61-69, M
He has the world by the balls. The countries playing nicely can keep selling into the country, but they know they need to acquiescence. China got caught in a trap. I predict their currency is going to fall.

History in the making.
carpediem · 61-69, M
@Oldanglaisadverbs That depends on the country. Most have had tariffs on US goods. They need to go. But I predict some products may still be tariffed. The issue as I see it is that currencies will also realign with the dollar being able to purchase more. Imagine the currency of country A being reduced due to market conditions and the dollar buys more. A tariff won't have the same impact to US consumers because of the currency changes. I can see where some tariffs might remain for certain goods, but the cost to the US consumer wouldn't change even though through tariffs the US treasury is collecting more cash.
4meAndyou · F
@carpediem Trump also said he would impose VERY heavy tariffs on the BRIC nations, unless and until they resume using the dollar.
carpediem · 61-69, M
@4meAndyou That's going to happen. We're witnessing the greatest realignment of trade in history. For the first time in decades, we have a president who has the moxie to wield the power of the presidency in a way that will benefit OUR country. For a change.

4meAndyou · F
He has paused the tariffs for the countries that have met with him and for those who seem to want to cooperate with what he wants to do regarding trade relationships.

I am an independent, NOT a Republican, but I am a Trump supporter.
cherokeepatti · 61-69, F
@4meAndyou I am also an Independent and Trump supporter. About time we brought back common sense to this nation
4meAndyou · F
@cherokeepatti AMEN sister!!!
Heartlander · 80-89, M
I’m not a Republican but the goal is free trade in both directions. But to be free both sides have to play by the same rules. If there is an imbalance there is a legitimate need for a tariff to make it fair. The issue is that it isn’t fair, the US has been at a huge disadvantage for years, countries laying huge tariffs on US exports while enjoying far lower or no tariffs on their exports to the US. So unfair to the point of draining US wealth. Trump proclaimed ENOUGH! and threatened a reciprocal tariff unless trading countries take steps to make it fair. Trading countries responded with the middle finger, but as the deadline approached the consequence of that middle finger response set in and trading partners rushed in to avoid the reciprocal tariff. The pause is to give trading partners who expressed a willingness to make it fair a chance to make it fair, or else.
DrWatson · 70-79, M
First: he paused all of them except China. (Regardless of whether a country approached him to make a deal -- he paused all of them.)

Several economists have been posting and talking about this today.

The reason is this: when the US borrows money, it sells US Bonds. The biggest holders of US bonds are foreign nations. The top 5 are Japan, China, UK, Canada, and (believe it or not) Luxemburg.

Anyway, Canada and the UE had reached an agreement to dump US Bonds, which would send the dollar into a tailspin.

Trump made his announcement after watching the bond market.

Trump was trying to use tariffs to punish our creditors! That was about to backfire.
nudistsueaz · 61-69, F
He's dealing, it's a art. He will do well, no worries. 🙂
graphite · 61-69, M
Have to wonder if he paused them because he has received alerts from staff that GOP supporters are watching their 401Ks nosedive as the stock market dies because of the tariffs. Yes, the stock brokers are wussies with their dumping, dumping, dumping, but the effect still is rapid devaluation of 401Ks.
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graphite · 61-69, M
@4meAndyou Stock market down 276 points so far today.
graphite · 61-69, M
Now pushing 300 points down.
DanielsASJ · 36-40, M
He has paused his tariff because negotiations are going on with almost all the countries except China. China is by far the largest exporter to USA.

China doesn't have elections so Xi Jinping could go to any level to make in headlines Chinese image as the only counterforce to US.

Now when Trump saw that all negotiations are underway where countries are willing to lower their tariff. Trump wanted his focus on China more than any other country.

So now, it will come to equal footing with China. He could go upto 1000% tariff on China till Xi Jinping really gets to the table to negotiate.
acpguy · C
Art of the Deal................he knows how to play and liberals haven't caught on to that as they lack intelligence. Have you seen how the markets reacted? Also the number of countries that have dropped / lower their tariffs or willing to negotiate? ..................Sorry if you are one of the brain dead liberals then you will not have clue to what he is doing.
Because they came to the table to renegotiate their tariff structure.
graphite · 61-69, M
Dow up 619 points today. Will it roll back down on Monday? 😵‍💫
Heartlander · 80-89, M
@graphite Hopefully :) up and down 1% to 2% a day compounded could amount to a 250%+ annual return
MethDozer · M
Gives him leverage to demand obedience and support from American business operators who will be paying the tariffs. Support Trump, get an exemption. It's about control and allegiance.
Zonuss · 46-50, M
So he can make headline news again. ☺ 📰
Northwest · M
Because this is how he rolls: unpredictability keeps other countries on their toes. 😭

In reality, he has no fucking clue what he's doing, so he markets it as 4-D chess, when he can barely spell chess.
@Northwest Hi, are you Republican?
Northwest · M
@Oldanglaisadverbs I am non-partisan.
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