Anonymous wrote:Anonymous wrote:DJIA up 2.5% premarket on Chyna deal. More winning for America
Yes, because the markets like certainty, and this provides a 90 day window to get a more complete "deal" done. But understand, US consumers will be paying 10% more for goods produced in China. I thought we didn't like inflation and that trump was going to bring prices down, and yet here you are celebrating a 10% increase in prices.
Anonymous wrote:So now we’re only paying 30% more on Chinese goods, and 10% on everything else imported? Lovely.
What a win. 🙄
Anonymous wrote:DJIA up 2.5% premarket on Chyna deal. More winning for America
Anonymous wrote:So Trump created a problem and now have "fixed" the problem but still with tariffs that US consumers will be paying. Not as steep as what Trump and China had threatened, but this is still making things more expensive.
Anonymous wrote:Anonymous wrote:Anonymous wrote:How can any F500 execs, AmCham, or Biz Roundtable folks get behind any of this? They b#tched about Biden endlessly but they had it so good! Stock prices imploding, they are staring down the barrel of a recession.
How is any of this "business friendly"?
But, their silence is complicity, isn’t it?
It's not silence, you just aren't listening. Business is complaining more and more. Why do you think Trump is negotiating with himself to lower the China tariffs?
Anonymous wrote:Anonymous wrote:Anonymous wrote:The Chinese have apparently walked out of the trade negotiations without explanation. If this is true, it is showing that the Chinese have the upper hand here and Trump has no choice but to either kowtow to their demands or watch the US economy fall into a depression.
Given he is a malignant narcissist, be prepared for a depression.
This is unconfirmed. We should be careful of posting unless it’s from a reliable new source. Lots of misinformation out there.
https://bsky.app/profile/justinwolfers.bsky.social/post/3loswjemzzc25
Replies on that skeet confirmed it with photo